noun a law or regulation that is created and enacted by a legislative body
adjective relating to or created by a statute, especially a legislative statute
In healthcare, 'statutory' can refer to laws governing the licensing, operation, and regulation of healthcare facilities and professionals.
In employment law, 'statutory' can refer to regulations governing minimum wage, working hours, and other employee rights.
In the legal field, 'statutory' refers to laws or regulations that have been enacted by a legislative body and are legally binding.
In taxation, 'statutory' can refer to laws related to the imposition of taxes or other financial obligations.
In corporate governance, 'statutory' can refer to regulations that companies must comply with in terms of reporting, disclosure, and other requirements.
In the legal field, a writer may refer to statutory laws when researching and writing about specific regulations and requirements set forth by a governing body.
A psychologist may refer to statutory regulations when determining legal obligations and guidelines related to patient confidentiality and treatment protocols.
An accountant may need to adhere to statutory accounting principles when preparing financial statements to ensure compliance with regulatory requirements.
A human resources manager may need to stay updated on statutory employment laws to ensure the organization's policies and practices are in compliance with legal standards.
Government officials are responsible for implementing statutory laws and regulations to govern various aspects of society, such as public safety, healthcare, and taxation.