The term "statutory body," in the context of government, refers to any body a parliament creates. In the context of law, the term refers to any organization authorized to investigate and review the activities of another organization or business to ensure its legality and regulatory compliance.
In government, an example of a statutory body is a committee made up of experts with the mandate of advising the government on an important issue. Alternatively, a statutory body can have a specific social mandate, such as working to end racism or other forms of discrimination. In law, a statutory body can work to regulate a profession, such as the medical profession, or an industry as a whole.