LAW TASK 3.docx - NURUL RADHATUL AKMAR BINTI NASRI HND BMK 3A THE DIFFERENCES BETWEEN LEGISLATION REGULATION AND STANDARDS AND ITS IMPACTS TOWARDS

LAW TASK 3.docx - NURUL RADHATUL AKMAR BINTI NASRI HND BMK...

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NURUL RADHATUL AKMAR BINTI NASRI HND BMK 3A THE DIFFERENCES BETWEEN LEGISLATION, REGULATION AND STANDARDS AND ITS IMPACTS TOWARDS BUSINESS Legislation, regulation and standards exist in order to maintain peace and order. It can be seen these three being practiced everywhere. Legislation and regulation are two terms that often being confused about. Legislation or also can be called statutory law is the law that have been enacted by a legislature or the law making body of a country, government to be exact, members of the legislature which could be either Congress and Parliament. In other words, legislation also can be said as a directive placed by a government or governing body of a country which related to an industry, or people in the country which must be complied with in order to remain the legal boundaries of that particular country ( , 2018). Before the item is passed as law, it is known as a bill when it is under review or consideration. The content of legislation is only the general principles that do not require regular updating. The law starts off with being an idea. The idea is then being put down in a piece of paper, which is known as a bill. This bill goes to the legislative branch, who will vote the bill either to approve or reject it. If both houses of Congress approve the bill, it will then go to the President who has the option to approve or reject it. If the bill is approved, it then goes to the regulatory branch which is responsible for writing out the details of the bill and the implementation process. The bill then
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