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The phrase "act of regulation" is correct and usable in written English.
It can be used when referring to a specific action or process of implementing rules or laws that govern behavior or practices.
Example: "The act of regulation is essential to ensure compliance with environmental standards."
Alternatives: "regulatory action" or "regulatory measure".
Exact(4)
But real story was the 18 months when no-one wanted to investigate the story, when "the checks and balances that are supposed to exist in society failed" - police, parliament, the regulator - the Press Complaints Commission which "pretended to do an act of regulation without the means or perhaps the will to do so" - and the press "with notable exceptions".
It was an act of regulation, not deregulation".
Every act of regulation by authority is an erosion of liberty.
The PCC has done lots of valuable work as a mediator but by pretending it could do this act of regulation and completely failing, it set itself up for a terrible fall".
Similar(56)
In 2000, the Act on Regulation of Human Cloning Techniques came into effect.
When the JOBS Act first came out in 2012, predictions that the JOBS Act makeover of Regulation A would be a game changer seemed wishful thinking.
That's the way Treasury Secretary Timothy F. Geithner, chatting with me over cookies in his office across from the White House on Friday, described his thinking about the delicate balancing act of financial regulation reform.
The low-GC gram-positive bacteria (Bacillus/Staphylococcus/Enterococcus/Listeria) exhibit the NADTyrAp pattern of specificity and also possess a C-terminal domain (ACT) of allosteric regulation.
In an unusual act of self-regulation, some of the biggest players in the brokerage industry have quietly begun to tighten their lending to customers.
Despite the fact that they constitute typically only ∼1% of membrane composition, these minority lipids can act at sites of regulation at least partly by electrostatic association with peripheral and embedded proteins (14).
The provision that Congress wants to roll back was part of the act overhauling regulation of the financial industry.
More suggestions(3)
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com