(1) The Governor may
make regulations prescribing all matters that are required or permitted by
this Act to be prescribed, or are necessary or convenient to be prescribed,
for giving effect to the purposes of this Act.
(2) Without limiting
the generality of subsection (1), regulations made under that subsection may
—
(a)
require the parties to a long-stay agreement to record on an inspection sheet,
before the commencement, and after the termination, of the tenancy, their
opinions of the state of the premises and prescribe the form of such
inspection sheets and the manner in which the parties record their opinions;
and
[(b)-(d) deleted]
(e)
provide for payment of security bond amounts and amounts of accrued interest,
and for the repayment or distribution of the amounts paid out.
[(f) deleted]
(3) Regulations made
under subsection (1) may —
(a)
impose a penalty not exceeding $5 000 for offences against the regulations;
and
(b)
provide for penalties not exceeding $500 for each separate and further offence
under the Interpretation Act 1984 section 71(2).
[(4) deleted]
[Section 95 amended: No. 3 of 2019 s. 34; No. 28
of 2020 s. 79; No. 11 of 2024 s. 64.]