26Regulations to deal with interaction between laws

26  Regulations to deal with interaction between laws  (1) The regulations may modify the operation of the Commonwealth credit legislation so that:  (a) provisions of the Commonwealth credit legislation do not apply to a matter that is dealt with by a law of a referring State or a Territory specified in the regulations; or  (b) no inconsistency arises between the operation of a provision of the Commonwealth credit legislation and the operation of a provision of a law of a referring State or a Territory specified in the regulations.  (2) Without limiting subsection (1), regulations made for the purposes of that subsection may provide that a provision of the Commonwealth credit legislation:  (a) does not apply to:  (i) a person specified in the regulations; or  (ii) a body specified in the regulations; or  (iii) circumstances specified in the regulations; or  (iv) a person or body specified in the regulations in the circumstances specified in the regulations; or  (b) does not prohibit an act to the extent to which the prohibition would otherwise give rise to an inconsistency with a law of a referring State or a Territory; or  (c) does not require a person to do an act to the extent to which the requirement would otherwise give rise to an inconsistency with a law of a referring State or a Territory; or  (d) does not authorise a person to do an act to the extent to which the conferral of that authority on the person would otherwise give rise to an inconsistency with a law of a referring State or a Territory; or  (e) does not impose an obligation on a person to the extent to which complying with that obligation would require the person not to comply with an obligation imposed on the person under a law of a referring State or a Territory; or  (f) authorises a person to do something for the purposes of the Commonwealth credit legislation that the person:  (i) is authorised to do under a law of a referring State or a Territory; and  (ii) would not otherwise be authorised to do under the Commonwealth credit legislation; or  (g) will be taken to be satisfied if a law of a referring State or a Territory is satisfied.