Might mean (unverified): Legal power granted by statute.
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We found 2 dictionaries that define the word statutory authority:

General (2 matching dictionaries)
  1. statutory authority: Wiktionary
  2. Statutory authority: Wikipedia, the Free Encyclopedia

Definitions from Wiktionary (statutory authority)

noun:  (Australia, New Zealand, UK, law) A body set up by law which is authorised to enforce legislation on behalf of the relevant country or state.
noun:  (US, law) Legislation authorizing the existence and activity of a government agency.
noun:  (US, law) The powers assigned to a government agency by legislation.

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