sec.197Regulation-making power

### sec.197 Regulation-making power The Governor in Council may make regulations under this Act. Without limiting subsection (1) , a regulation may make provision for— matters relevant to the operations, including the functions, of a land trust; and the indemnification of members of a land trust from personal liability; and rules for land trusts, including, for example, the adoption of rules and the matters that must be included in the rules; and accounting requirements for land trusts, including, for example, keeping accounts, preparing financial statements, auditing accounts and giving audit reports to the chief executive; and the minimum annual rental amount payable by the State under a lease granted to the State under this Act. s 197 amd 1993 No. 85 s 172C (amd 1994 No. 61 s 2 sch 2 ); 1998 No. 24 s 14 ; 2004 No. 4 s 57 sch ; 2008 No. 29 s 94 ; 2011 No. 26 s 185 (sec.197-ssec.1) The Governor in Council may make regulations under this Act. (sec.197-ssec.2) Without limiting subsection (1) , a regulation may make provision for— matters relevant to the operations, including the functions, of a land trust; and the indemnification of members of a land trust from personal liability; and rules for land trusts, including, for example, the adoption of rules and the matters that must be included in the rules; and accounting requirements for land trusts, including, for example, keeping accounts, preparing financial statements, auditing accounts and giving audit reports to the chief executive; and the minimum annual rental amount payable by the State under a lease granted to the State under this Act. - (a) matters relevant to the operations, including the functions, of a land trust; and - (b) the indemnification of members of a land trust from personal liability; and - (c) rules for land trusts, including, for example, the adoption of rules and the matters that must be included in the rules; and - (d) accounting requirements for land trusts, including, for example, keeping accounts, preparing financial statements, auditing accounts and giving audit reports to the chief executive; and - (e) the minimum annual rental amount payable by the State under a lease granted to the State under this Act.