73Regulation-making power

73 Regulation-making power (1) The Executive may make regulations for this Act. (2) The regulations may prescribe the records a licensee or a person involved in the direction, management or control of a tobacco retailing or wholesaling business must keep in relation to the purchase or sale of smoking products. (3) A regulation may prescribe requirements that must be complied with in relation to the location or storage of smoking products. (4) The regulations may apply, adopt or incorporate, entirely or in part and with or without changes, a publication (including an Act or regulation of another jurisdiction), as in force at a stated time or from time to time. (5) The regulations may also prescribe offences for contraventions of the regulations and prescribe maximum penalties of not more than 20 penalty units for offences against the regulations.