One of the attributes of a sovereign state is that there must be a set of laws that are guiding the conduct of the government, pubic officials, individuals, and private organizations so that the most privileged ones are not oppressing the less privileged. Law can exist in various forms; it can exist as an act or a regulation. Both act and regulation might seem very similar but there some differences between the two.
Law becomes an act after it has been passed by the legislative body of the government either at the state level or nationwide. This will first exist as a bill, after which members of the legislative body will debate and deliberate on it before it can be passed into the law. A regulation, on the other hand, is also a form of law or administrative rule developed by an organization to serve as the basis of conduct for every member of the organization.
An act is also known as a type of legislation that is passed by the parliament. The regulation is a bit different because it is meant to control the way that people behave. These regulations are created by the government to ensure that things will be followed accordingly. This means that activities and processes are controlled based on the available rules.
If there are no acts, rules, and regulations, people would be able to do everything that they want, and this can be very chaotic. There are a lot of people who will undoubtedly be affected by this because people do not have to follow anything.