1. The act or process of controlling by rule or restriction (the federal regulation of the airline industry).
2. BYLAW(1) (the CEO referred to the corporate regulation).
3. A rule or order, having legal force, usu. issued by an administrative agency (Treasury regulations explain and interpret the Internal Revenue Code). — Abbr. reg; Reg.
— Also termed (in sense 3) agency regulation; subordinate legislation; delegated legislation. See MERIT REGULATION. [Cases: Administrative Law and Procedure 381–427. C.J.S. Public Administrative Law and Procedure §§ 87–114.] — regulatory, regulable, adj. — regulate, vb.
proposed regulation. A draft administrative regulation that is circulated among interested parties for comment. — Abbr. prop. reg. [Cases: Administrative Law and Procedure 392. C.J.S. Public Administrative Law and Procedure §§ 103, 105.]
