178Regulation-making power

178 Regulation-making power (1) The Executive may make regulations for this Act. (2) A regulation may make provision in relation to— (a) applications for licences or registrations; and (b) renewals of licences and registrations; and (c) the surrender of licences and registrations; and (d) the keeping of accounts and other records by licensed agents and registered assistant property agents; and (e) the transfer of a licensed agent’s business to another licensed agent, including the transfer of trust money. (3) A regulation may prescribe offences for contraventions of a regulation and prescribe maximum penalties of not more than 20 penalty units for offences against a regulation. Reviewable decisions Schedule 1