(1) The Governor may make such regulations as are contemplated by this Act or a relevant Act, or as are necessary or expedient for the purposes of this Act or a relevant Act.
(2) Without limiting the generality of subsection (1), the regulations may—
(a) provide information to be included in registers to be kept for the purposes of this Act; and
(b) prescribe matters relevant to the practice or procedures of the Tribunal; and
(c) prescribe and provide for the payment of fees in relation to proceedings before the Tribunal; and
(d) prescribe penalties not exceeding $5 000 for contravention of, or non-compliance with, any regulation.
(3) The regulations may provide that any matter or thing is to be determined, dispensed with, regulated or prohibited according to the discretion of the President of the Tribunal or another prescribed person.