(1)  The Governor may make regulations for the purposes of this Act.

(2)  Without limiting the generality of subsection (1) , the regulations may –

(a) provide for the obligations of the custodian of a funeral trust to make a payment as required under section 13 ; and

(b) exempt a deposit scheme or class of deposit schemes which are subject to alternative prudential regulation from the application of this Act or any provision of this Act; and

(c) exempt a class of prepaid funeral agreements from the application of any provision of this Act where payments under the agreements are to be made into a deposit scheme that is exempted under paragraph (b) ; and

(d) exempt a person carrying on a funeral business from the application of any provision of this Act for a specified period.