Question: What Are Non Statutory Records?

What is mean by statutory body?

Basically, a statutory body is an organization of government which is not demarcated in Constitution of India but it gets its powers, service rules, authority by an act of parliament or state legislatures..

What is a statutory filing?

Statutory reporting is the mandatory submission of financial and non-financial information to a government agency. … In many countries, International Financial Reporting Standards (IFRS) has replaced country-specific Generally Accepted Accounting Principles for statutory reporting.

What is the difference between statutory and autonomous body?

Answer: A statutory body deals with enforcing legislation for a country or state. A autonomous body is a company that regulates it own company law….i hope it helps you Rate!

How long do schools keep records?

Often, the permanent record must be kept indefinitely, although some states do set a retention time, such as 60 to 100 years. The temporary record includes most other student information and schools may be required to keep such records for a period of three to six years.

What are non statutory services?

A non-statutory service is a service that doesn’t receive a lot of government funding so they are paid by members or the public as they are registered as charities, they are set up by individuals and not parliament and unlike…show more content… Another example of an emergency service is the Fire and Rescue service.

What are the types of records?

Types of recordsCorrespondence records. Correspondence records may be created inside the office or may be received from outside the office. … Accounting records. The records relating to financial transactions are known as financial records. … Legal records. … Personnel records. … Progress records. … Miscellaneous records.

What are the statutory requirements?

› Statutory requirements come from statutes; in other words, these are legal requirements that come from laws passed by State or Federal Government (e.g., Congress). › Regulatory requirements come from regulations; such as.

What’s the meaning of statutory?

1 : of or relating to statutes. 2 : enacted, created, or regulated by statute a statutory age limit.

What are non statutory school records?

Non-statutory records are of private use to schools that find them useful. These include: cash book, stock book, punishment book, school calanedar, inventory book, staff minutes book, school magazine, inspection/supervision report file, confidential report forms and requisition book.

What are the school statutory records?

Under the education law in Nigeria, the following are some of the statutory records to be kept in schools; Admission Register, Daily Attendance Register, Diary of Works, Log Book, Lesson Note or Plan, Time-Table, School Budget Record, Visitor’s Book, Corporal Punishment Book, Continuous Assessment Book, Time Book, …

What does non statutory mean?

Non-statutory is essentially another term for common law. Therefore such bodies are formed by executive resolution or action, which means that they are formed only by the Government’s action.

What is the difference between statutory and non statutory?

Statutory refers to something that is related toa formal law or a statute, and non-statutory isessentially another term for common law. If something isstatutory, it is based on laws or statutes. Ifsomething is non-statutory, it is based on customs,precedents or previous court decisions.

What does non statutory mean in education?

There are three non-statutory subjects outlined in the National Curriculum. Schools are obliged rather than required to teach these. They include Religious Education (RE), Citizenship and Personal, Social and Health Education (PSHE). You have the right to withdraw your child from RE if you choose to do so.

What are the three good features of records?

Based on this study the essential characteristics of records were identified as context, form, organization, structure and version/copy.

What are the statutory records?

Statutory books and records are documents kept by a company which detail important aspects of its operations and structure, for example, its current directors. … Companies usually keep these official documents in a company register, where they can be ordered in a logical fashion.

What are the examples of non statutory record?

Examples of Non-Statutory ReportReports of Directors to Shareholders.Reports of Committees of Directors appointed by the Board.Reports of Individual Officers of the company i.e. Secretary, Auditor, Manager etc.