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Legal Definitions - REG.
Definition of REG.
The abbreviation Reg. typically stands for one of two legal concepts:
- 1. REGULATION
A regulation is a rule or order issued by an executive authority or an administrative agency of the government. These rules have the force of law and are typically created to implement, interpret, or prescribe a law passed by a legislature (a statute). Regulations provide detailed guidance on how a broader law should be applied and enforced.
- Example 1: Environmental Protection
The Environmental Protection Agency (EPA) might issue a regulation specifying the maximum permissible levels of certain chemicals that can be discharged into public waterways by manufacturing plants. This regulation provides the specific, measurable standards that companies must meet to comply with broader environmental protection laws.
How it illustrates the term: This example shows an administrative agency (EPA) creating a detailed rule (maximum chemical levels) to implement a general law (environmental protection), which companies are legally obligated to follow.
- Example 2: Financial Industry Oversight
A financial oversight body, such as the Securities and Exchange Commission (SEC), could issue a regulation requiring publicly traded companies to disclose specific financial information in a standardized format. This ensures transparency and protects investors, detailing how companies must comply with securities laws.
How it illustrates the term: Here, a government agency (SEC) creates a specific rule (disclosure requirements) that elaborates on and enforces a broader law (securities law), impacting how businesses operate in the financial market.
- Example 1: Environmental Protection
- 2. REGISTER
A register refers to an official record or a systematic list of items, events, or individuals, maintained for legal, administrative, or public purposes. It can also refer to the act of officially recording something in such a list.
- Example 1: Property Ownership
When someone buys a house, their ownership is officially recorded in the local land register. This public record details who legally owns the property, any mortgages, and other relevant legal interests, providing a clear chain of title.
How it illustrates the term: This demonstrates an official list (land register) used to keep track of legal ownership and interests in real estate, which is crucial for property law and transactions.
- Example 2: Business Entities
Every company incorporated in a country must be listed on a corporate register, which includes details like its official name, registered address, and directors. This public record allows anyone to verify the legal existence and key information of a business.
How it illustrates the term: This example shows an official, publicly accessible list (corporate register) that records the legal status and key details of business entities, essential for legal and commercial transparency.
- Example 3: Professional Licensing
Doctors, lawyers, and other licensed professionals are typically listed on a professional register maintained by their respective regulatory bodies. This register confirms that they are qualified, licensed, and authorized to practice their profession.
How it illustrates the term: This illustrates an official list (professional register) used to verify the credentials and legal authorization of individuals to perform specific professional services.
- Example 1: Property Ownership
Simple Definition
REG. is an abbreviation. In a legal context, it most commonly stands for "REGULATION," referring to a rule or order issued by an administrative agency or executive authority. It can also stand for "REGISTER," denoting an official record or list.