28Regulations

28 Regulations

(1) The Governor in Council may make regulations for or with respect to the following—

(a) prescribing the form of an instrument of transfer;

(b) prescribing information or supporting documents to accompany an instrument of transfer;

(c) prescribing any other matter relating to the transfer of shares;

(d) generally prescribing 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) confer a discretionary authority or impose a duty on a specified person or body or a specified class of person or body;

(d) leave any matter or thing to be from time to time determined, approved or dispensed with by a specified person or body or a specified class of person or body;

(e) provide in a specified case or class of case for the exemption of persons, bodies or things or a class of persons, bodies or things from any of the provisions of the regulations—

(i) whether unconditionally or on specified conditions; and

(ii) either wholly or to the extent specified in the regulations;

(f) require a matter in the regulations to be—

(i) in accordance with a specified standard or specified requirement; or

(ii) approved by or to the satisfaction of a specified person or body or a specified class of person or body; or

(iii) as specified in both subparagraphs (i) and (ii);

(g) apply, adopt or incorporate any matter contained in any document, whether—

(i) wholly or partially or as amended by the regulations; or

(ii) as formulated, issued, prescribed or published at a particular time or as in force from time to time.

S. 29 repealed by No. 9863 s. 2, new s. 29 inserted by No. 29/2024 s. 28.