58GERules for the purposes of this Part

58GE Rules for the purposes of this Part

(1) The Minister may, by legislative instrument, make rules (the SPF rules) prescribing matters:

(a) required or permitted by this Part to be prescribed by the SPF rules; or

(b) necessary or convenient to be prescribed for carrying out or giving effect to this Part.

Note: A matter may be prescribed by the SPF rules by class (see subsection 13(3) of the Legislation Act 2003). For example, a specific regulated entity or a class of regulated entities may be able to be prescribed in some cases.

(2) The Minister may, in writing, delegate the Minister’s power to make SPF rules to another Minister or to an SPF regulator.

(3) To avoid doubt, the SPF rules may not do the following:

(a) create an offence or civil penalty;

(b) provide powers of:

(i) arrest or detention; or

(ii) entry, search or seizure;

(c) impose a tax;

(d) set an amount to be appropriated from the Consolidated Revenue Fund under an appropriation in this Act;

(e) directly amend the text of this Act.