(1) The Governor - General may make regulations, not inconsistent with this Act, the Regional Council election rules or the TSRA election rules, prescribing matters:
(a) required or permitted by this Act to be prescribed; or
(b) necessary or convenient to be prescribed for carrying out or giving effect to this Act.
(2) Without limiting the generality of subsection (1), the regulations may:
(b) make provision in relation to the conduct of elections for the purposes of section 143L or 144D including, without limiting the generality of the foregoing, provision for a system of optional preferential voting to be used in such elections;
(c) make provision in relation to requests under subsection 195A(1) and the reconsideration of matters under subsection 195A(2);
(d) prescribe fees payable in respect of any matter under this Act; and
(e) provide penalties for breaches of the regulations not exceeding:
(i) in the case of a natural person--$1,000; or
(ii) in the case of a body corporate--$5,000.