(1) The Governor - General may make regulations, not inconsistent with this Act, 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) The provision that may be made by regulations under subsection (1) includes, but is not limited to, provision prescribing penalties, not exceeding a fine of 5 penalty units, for offences against the regulations.