What Is the Statutory Sector?

Answer

A statutory sector is a collection of legal entities that are funded by the government to provide services on its behalf. In most countries, the statutory sector, also referred to as the public sector consists of schools, hospitals, the police and military, public roads and healthcare for the poor.
Q&A Related to "What Is the Statutory Sector"
Non-statutory organisations are service-providing bodies. They are not legal entities in their own right, but are accountable to, and/or funded by, a single organisation or a partnership
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the statutory sector involves all the organisations that are set up, controlled and funded by the government. For example public school and NHS run hospitals. The statutory sector
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Statutes. Statutes are laws, and in the United States, laws are created by the Congress on the federal federal level and by state legislatures and assemblies. Bills that are passed
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The terms. industry. and. sector. are often used interchangeably to describe a group of companies that operate in the same segment of the economy or share a similar business type.
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5 Additional Answers
The statutory sector involves all the organisations that are set up, controlled and funded by the government, for example public school and NHS hospitals.?The constitutional sector is funded by people who pay taxes and nationwide insurance etc.?This is different from the self-governing sector which involves organisations being run by trade people who are frequently in it to make profit.?The independent sector is funded by the clients who use the service. Their money is used to buy supplies and pay wages etc. An example of an independent sector organisation is private schools.
The statutory sector refers to the organisations that are set up, and are managed and funded by the government, for example public school and public hospitals.
The statutory sector refers to all the organisations that are established, controlled and funded by the government, for instance public schools and hospitals. The statutory sector is mostly funded by citizens through paying taxes and national insurance.
The statutory is a sector that is funded by people who pay taxes and national insurance. The statutory sector includes all the organizations that are set up, controlled and funded by the government.
A statutory sector is a sector composed of all the organizations that are set up, controlled and funded by the government, for example public school and NHS hospitals. Its funded by people who pay taxes and national insurance lottery funding or direct donations.
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