251The ASIC Regulations

#### 251 The ASIC Regulations (1) The Governor‑General may make regulations, not inconsistent with this Act, prescribing matters: (a) required or permitted by this Act (other than the non‑applied provisions) to be prescribed; or (b) necessary or convenient to be prescribed for carrying out or giving effect to this Act (other than the non‑applied provisions). (2) Regulations providing for allowances and expenses for the purposes of section 89 or subsection 192(6) or 218(4) may provide for those allowances and expenses by reference to a scale of expenses for witnesses who attend before a court specified in the regulations, being a federal court, or the Supreme Court of a State or Territory. (3) Regulations made under this section may provide that the ASIC Law of this jurisdiction has effect, with prescribed modifications, in relation to the following: (a) investigations that subsection 13(5) empowers the Commission to continue; (b) investigations that the Commission must make or continue because of section 14A; (c) hearings that subsection 51(2) empowers the Commission to continue; (d) contraventions of relevant previous laws of this jurisdiction; (e) authorisations by the Commission under such laws; (f) requirements to produce books, or to give information, that are made of persons under such laws; (g) informations laid under such laws in order to obtain warrants; (h) warrants obtained under such laws. (4) Regulations in force because of subsection (3) have effect accordingly. (5) Regulations made under this section may require or permit matters to be specified, for the purposes of the regulations, by or in application orders.