Regulation

Regulation may refer to the following:

Regulation creates, limits, constrains a right, creates or limits a duty, or allocates a responsibility. Regulation can take many forms: legal restrictions promulgated by a government authority, contractual obligations that bind many parties (for example, "insurance regulations" that arise out of contracts between insurers and their insureds), self-regulation by an industry such as through a trade association, social regulation (e.g. norms), co-regulation, third-party regulation, certification, accreditation or market regulation. In its legal sense regulation can and should be distinguished from primary legislation (by Parliament of elected legislative body) on the one hand and judge-made law on the other.

Regulation mandated by a state attempts to produce outcomes which might not otherwise occur, produce or prevent outcomes in different places to what might otherwise occur, or produce or prevent outcomes in different timescales than would otherwise occur. In this way, regulations can be seen as implementation artifacts of policy statements. Common examples of regulation include controls on market entries, prices, wages, development approvals, pollution effects, employment for certain people in certain industries, standards of production for certain goods, the military forces and services.

Primary and secondary legislation

In parliamentary systems of government, primary legislation and secondary legislation, also referred to as delegated legislation, are two forms of law, created respectively by the legislative and executive branches of government. Primary legislation may consist of statutes that set out broad outlines and principles, delegating authority to an executive branch. That branch can then issue secondary legislation, specifying substantive regulations, and procedural regulations for implementing them.

United Kingdom

Primary legislation

In the United Kingdom, and other Commonwealth nations, primary legislation takes the form of an Act of Parliament.

“primary legislation” means any—

and includes an order or other instrument made under primary legislation (otherwise than by the Welsh Ministers, the First Minister for Wales, the Counsel General to the Welsh Assembly Government, a member of the Scottish Executive, a Northern Ireland Minister or a Northern Ireland department) to the extent to which it operates to bring one or more provisions of that legislation into force or amends any primary legislation...

Regulation (magazine)

Regulation is a quarterly periodical about policy published by the Cato Institute. It was started as a bimonthly magazine in 1977 by the American Enterprise Institute and acquired by Cato in 1989. Past editors have included former Supreme Court justice Antonin Scalia,Murray Weidenbaum, Christopher DeMuth, Walter Olson, and Peter Huber. Peter Van Doren has edited the magazine since 1999.

In the late 1970s and early 1980s, the magazine was pivotal in promoting deregulation and the importance of cost–benefit analysis.

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