statutory obligation
[/stætʃuːtɔːri ɒblɪˈɡeɪʃən/]
nounpl: statutory obligations
obrigação legal
1. A duty or responsibility imposed by law or statute that must be fulfilled by an individual, organization, or entity
The company has a statutory obligation to file annual tax returns.
A empresa tem uma obrigação legal de apresentar declarações fiscais anuais.
2. A legal requirement established by statute that carries enforceable consequences for non-compliance
Employers have a statutory obligation to provide safe working conditions.
Os empregadores têm obrigação legal de fornecer condições de trabalho seguras.
3. A mandatory duty prescribed by law rather than by contract or common agreement
Financial institutions face statutory obligations regarding money laundering prevention.
As instituições financeiras enfrentam obrigações legais quanto à prevenção de lavagem de dinheiro.
This term is fundamental in both Anglo-American and Brazilian-Portuguese legal systems. In Brazil, 'obrigação legal' is commonly used in employment law, tax law, and corporate governance. The concept reflects the distinction between duties imposed by law versus those created by mutual agreement. Non-compliance with statutory obligations typically results in penalties, fines, or legal action, making it a critical concept in business and regulatory contexts.
Related Idioms & Phrases
meet a statutory obligation
breach a statutory obligation
statutory obligation to comply
under statutory obligation
Look up more words on Fala2Me
The free English-Portuguese dictionary with real Brazilian accents, NYC slang, conjugator and more
Open Fala2Me →