What is the meaning of the Latin sentence "Lex posterior derogat legi priori"?

a later act repeals the binding force of an earlier act
the superior law repeals a subordinate act
law is not retroactive
The law does not enforce impossible things
Lex specialis, in legal theory and practice, is a doctrine relating to the interpretation of laws and can apply in both domestic and international law contexts.
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a later act repeals the binding force of an earlier act
the superior law repeals a subordinate act
law is not retroactive
The law does not enforce impossible things
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