53Regulations

53 Regulations

(1)  The Governor may make –

(a) regulations for the purposes of this Act; and

(b) regulations of a savings and transitional nature consequent on the enactment of this Act.

(2)  A provision of any regulations made pursuant to subsection (1)(b) may, if the regulations so provide, take effect –

(a) on and from the day on which this Act receives the Royal Assent or a later date; or

(b) on or from the transfer date or a later date.

(3)  Regulations made under subsection (1)(a) or (b) may –

(a) apply generally or be limited in their application by reference to specified factors; and

(b) apply differently according to different factors, limitations or restrictions of a specified kind; and

(c) authorise any matter to be from time to time determined, applied or regulated by APRA, ASIC or another person or body specified in the regulations.