Definition of Rulemaking (regulations)

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TeachMeFinance.com - explain Rulemaking (regulations)



Rulemaking (regulations)

The term 'Rulemaking (regulations)' as it applies to the area of energy can be defined as ' The authority delegated to administrative agencies by Congress or State legislative bodies to make rules that have the force of law. Frequently, statutory laws that express broad terms of a policy are implemented more specifically by administrative rules, regulations, and practices'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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