7. (1) In so far as—
(a) the legislative power of the Legislative Assembly permits; and
(b) is consistent with the object of this Act;
it is intended that regulations made for the purposes of section 5 should apply in relation to—
(c) land and things situated outside the Territory, whether within or outside Australia;
(d) acts done, transactions entered into, events occurring and matters arising outside the Territory, whether within or outside Australia; and
(e) things, acts, transactions, events and matters that would, but for this Act, be governed or otherwise affected by the law of a foreign country.
(2) Subsection (1) has effect subject to any contrary intention appearing, whether expressly or by implication, in the regulations.