Rule of Law
The Rule of Law, in its most basic form, is the principle that no one is above the law. The rule follows logically from the idea that truth, and therefore law, is based upon fundamental principles which can be discovered, but which cannot be created through an act of will.
Two of the most important sources of law in many countries are legislation and case law. If ambiguity or vagueness exists in either or both of these two important sources of law, then a state of general legal uncertainty prevails. Similarly, the larger a body of statute and case law becomes, the greater the potential for legal uncertainty should these not be consolidated, updated and easily accessible. In such circumstances, access to and knowledge of the law is effectively denied. Some inevitable consequences of this are the impeding of the administration of justice.
The Rule of Law preserves and protects the rights and property of individuals and corporations. It safeguards against arbitrary governance, dictatorship and mob rule and is central to the stability of government, the preservation of human rights and the economic and social development of society.
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