(1) The Governor in Council may make regulations for or with respect to—
(a) prohibiting or regulating the supply of therapeutic goods of a specified class or classes;
(b) the inspection of premises, stocks, books, documents and records;
(c) prohibiting the supply of therapeutic goods by prescribed self-service methods;
(d) providing for the disposal of things seized under the Victorian provisions;
(e) prescribing penalties not exceeding 20 penalty units for any contravention of the regulations;
(f) any other matter or thing required or permitted by this Act to be prescribed or necessary to be prescribed to give effect to this Act.
(2) The regulations may—
(a) be of general or limited application;
(b) differ according to differences in time, place or circumstance;
(c) apply, adopt or incorporate by reference any document formulated or published by a person or body, either—
(i) without modification or as modified by the regulations; or
(ii) as formulated or published on or before the date when the regulations are made; or
(iii) as formulated or published from time to time;
(d) confer a discretionary authority or impose a duty on a specified person or class of persons.