(1) The Governor may make regulations, not inconsistent with this Act, for or with respect to any matter that by this Act is required or permitted to be prescribed or that is necessary or convenient to be prescribed for carrying out or giving effect to this Act.
(2) Without limiting subsection (1), the regulations may make provision for or with respect to the following--(a) consultation requirements before the giving of Treasurer's directions,(b) the shortening of the period or time for compliance with a provision of this Act despite the provision.
(3) A regulation for a definition may apply generally or be limited to specified provisions of this Act in which the defined word or expression is used.
(4) A regulation for a definition may, for the purpose of avoiding doubt, include or exclude an entity, matter or other thing (or entity, matter or other thing of a kind) from the definition even if it is unclear whether the definition already covers it.
(5) The regulations may apply, adopt or incorporate (whether with or without modification) any publication as in force at a particular time or as in force from time to time.
(6) Section 5 of the Subordinate Legislation Act 1989 does not apply to the first principal statutory rule that is made under this Act.
(7) In this section--
"regulation for a definition" means a regulation made for the purposes of a provision of this Act that defines a word or expression if the regulation includes or excludes anything from the defined word or expression.