/ɪnˈkɔːrpəreɪtɪd baɪ ən ækt əv ˈpɑːrləmənt/ – Phrase
Definition: được thành lập bằng luật của quốc hội.
A more thorough explanation: “Incorporated by an act of parliament” refers to a legal entity that has been established and granted corporate status through a specific law passed by a legislative body, such as a parliament. This type of incorporation provides the entity with legal recognition and the ability to conduct business activities, enter into contracts, and be subject to certain rights and obligations as outlined in the relevant legislation.
Example: The new regulations on data protection were incorporated by an act of parliament, ensuring that businesses comply with the requirements set forth by the government.