(1) The Governor may
make such regulations as are contemplated by this Act or as are necessary or
expedient for the purposes of this Act.
(2) In particular
those regulations may—
(a)
prescribe requirements for the proper management of money by the Treasurer and
public authorities; and
(b)
impose a penalty, not exceeding $1 000, for contravention of, or failure
to comply with, a regulation.