Regulations Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Regulations, written in plain English, along with examples of how it is used.
What is Regulations?
(n) Regulations are the rules, procedure, administrative codes etc. set by authorities or governmental agencies to achieve its objective. The regulations are therefore applicable only within the jurisdiction or purpose for which such regulation are made
History and Meaning of Regulations
Regulations are an essential part of any legal system. These rules are set by governmental bodies, regulatory agencies, or other organizations to achieve a specific objective. The objective can range from consumer protection, environmental standards or workplace safety, to the regulation of financial institutions or the handling of a global health crisis. Regulations have been in place in some form or another since ancient times, with examples from ancient Egypt, Greece and Rome being some of the earliest forms of regulation.
Over time, these regulations have been codified into legislative measures, building a complex web of rules for individuals and corporations to navigate through. Regulations are crucial in modern society as they provide the framework for the effective functioning of government, business, and the economy. While regulations remain a contentious issue, they are vital to ensure that individuals and organizations are held accountable for their actions while simultaneously ensuring a level playing field for all parties.
Examples of Regulations
- The Environmental Protection Agency sets regulations that limit the amount of pollutants that can be released from factories and other industries into the air, water, and soil.
- The Federal Aviation Administration imposes regulations that airlines must follow regarding flight operations, maintenance, and passenger safety measures.
- The Food and Drug Administration establishes regulations that govern the safety and efficacy of pharmaceuticals and medical devices before they can be sold on the market.
- The Securities and Exchange Commission implements regulations that promote transparency and accountability in the financial markets, protecting investors against fraudulent practices.
- The Occupational Safety and Health Administration enforces regulations that require employers to provide a safe and healthy workplace.
Legal Terms Similar to Regulations
- Statutes - Written law enacted by a legislative body.
- Rules - Regulations made by a government agency or organization that have the force of law.
- Directives - Legal orders issued by a higher authority, such as a government or a court.
- Policies - Guidelines established by an organization to govern its actions.
- Guidelines - Suggestions or non-binding recommendations made by a government agency or entity.