<u>Regulatory statutes</u> include environmental laws, securities laws, and antitrust laws that provide for criminal violations and penalties.
Acts and statutes are both terms for legislation created by the legislature or by the parliament. They could make a new legislation or alter an already existing one.
The rules that handle the specifics and real-world uses of the law are known as regulations. An Act designates who has the power to issue regulations in relation to that Act. Regulations have the same legal authority as statutes.
The majority of criminal law is established by statute, meaning that a legislature enacts the laws. People who break these laws are punished and rehabilitated under criminal law.
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