137Scheme rules

#### 137 Scheme rules 137 Scheme rules > > (1) The Minister may approve rules that make provision about— > > > > > (a) matters for which a scheme rule may be made under this Part, and > > > > > (b) other matters prescribed by the regulations. > > > (2) A rule may make provision for a matter by applying, adopting or incorporating the provisions of an Act or statutory rule or another publication as follows— > > > > > (a) with or without modification, > > > > > (b) as in force on a particular day or from time to time. > > > (3) A rule may— > > > > > (a) apply generally or be limited in its application by reference to specified exceptions or factors, or > > > > > (b) apply differently according to different factors of a specified kind, or > > > > > (c) authorise a matter or thing to be from time to time agreed, determined, applied or regulated by a specified person or body. > > > (4) The Minister may from time to time approve a rule that amends a rule or revokes a rule. > > > (5) Notice of a rule approved by the Minister must be published in the Gazette. > > > (6) A rule takes effect on— > > > > > (a) the day on which the written notice is published in the Gazette, or > > > > > (b) the later day specified in the rule. > > > (7) The Minister must make copies of each rule available to each scheme participant and the public. > > > (8) A rule must be consistent with this Act and the regulations. > > > (9) A person who is a scheme participant or an accredited certificate provider must not contravene a provision of a scheme rule. > > > > Maximum penalty (subclause (9))—250 penalty units for a corporation or 100 penalty units for an individual.