Statutory

Meaning & Definition

adjective

Relating to or enacted by statute or legislation.

The company must comply with statutory regulations regarding employee safety.

Required or permitted by law.

There are statutory minimum wage laws that employers must follow.

Attributed to an enacted law or statute.

Statutory obligations can vary significantly from one jurisdiction to another.

Characterized by being defined and limited by legal statutes.

The statutory authority governs the actions of the local council.

Derived from the Latin word 'statutarius', relating to a statute.

statutory authority:

The legal power granted to a person or body to act.

statutory obligations:

Duties imposed by law that must be fulfilled.

statutory compliance:

Adhering to laws and regulations that apply to a business.