Definition, Meaning & Synonyms
statutory-requirement
noun
ˈstætʃ.ə.tɔː.ri rɪˈkwaɪər.mənt
Definition
A statutory requirement is a legal obligation set forth by legislation that mandates certain actions or standards.
Examples
- Organizations must comply with all statutory requirements to operate legally.
- The statutory requirement for safety training must be met before employees can begin work.
Meaning
These are rules or conditions that organizations or individuals must follow, as dictated by law.
Synonyms
- Legal obligation
- Mandatory condition
- Regulatory requirement
