Concept
This query is : Resolved
CA Ravi Sisodia
(Expert)
21 February 2011
An "Act" is a "... written ordinance of Parliament, Congress, etc." whereas a law is "a rule or system of rules recognized by a country or community as regulating the actions of its members and enforced by the imposition of penalties."
Acts are made by the consensus between the two parts of a bicameral legislature for example, a law however may (for example in the United Kingdom) be made by an "enabling act" allowing a government minister to make sets of rules sometimes compiled with experts in the field, impractiable to do in Parliament.
An advantage of delegated legislation are that it can include local laws for local people. One disadvantage however is that it is not democratic and so are usually repealed after an Act of Parliament is made.
An "Act" is an action made by a legislature, a "law" is a wider term for any rules of governance
Acts are made by the consensus between the two parts of a bicameral legislature for example, a law however may (for example in the United Kingdom) be made by an "enabling act" allowing a government minister to make sets of rules sometimes compiled with experts in the field, impractiable to do in Parliament.
An advantage of delegated legislation are that it can include local laws for local people. One disadvantage however is that it is not democratic and so are usually repealed after an Act of Parliament is made.
An "Act" is an action made by a legislature, a "law" is a wider term for any rules of governance
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Employee secondment
- IMS (import of goods) ITC related
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- GST ITC as per notification 12/2023- central tax
- LLP audit and disclosure
- Capital Gains Tax on Inherited Mutual Fund
- Form 144 TDS Return Validation Error – Mandatory Fields
- Gift to nri relatives resides in usa
- GSTR9 Annual Return
- Ito add credit side of bank
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
