Commonwealth Numbered Acts Commonwealth Numbered Acts(1) The regulations may make provision relating to any or all of the following:
(a) proscription of persons or entities (for specified purposes or more generally);
(b) restriction or prevention of uses of, dealings with, and making available of, assets;
(c) restriction or prevention of the supply, sale or transfer of goods or services;
(d) restriction or prevention of the procurement of goods or services;
(e) provision for indemnities for acting in compliance or purported compliance with the regulations;
(f) provision for compensation for owners of assets that are affected by regulations relating to a restriction or prevention described in paragraph (b).
(2) Before the Governor-General makes regulations for the purposes of subsection (1), the Minister must be satisfied that the proposed regulations:
(a) will facilitate the conduct of Australia's relations with other countries or with entities or persons outside Australia; or
(b) will otherwise deal with matters, things or relationships outside Australia.
(3) Despite subsection 14(2) of the Legislative Instruments Act 2003 , regulations made for the purposes of subsection (1) may make provision in relation to a matter by applying, adopting or incorporating any matter contained in an instrument or other writing as in force or existing from time to time.