Commonwealth Numbered Acts

NATIONAL COMPANIES AND SECURITIES COMMISSION ACT 1979 No. 173, 1979 - SECT 53

53. (1) The Governor-General may make regulations, not inconsistent with this
Act, prescribing all matters required or permitted by this Act to be
prescribed, or necessary or convenient to be prescribed for carrying out or
giving effect to this Act.

(2) Regulations providing for allowances and expenses for the purposes of
sub-section 38 (3) may provide for those allowances and expenses by reference
to a scale of expenses for witnesses who attend before a court specified in
the regulations, being a federal court or the Supreme Court of a State or
Territory.

(3) The regulations may be of general or specially limited application or may
differ according to differences in time, place or circumstance.

(4) The power of the Governor-General to make regulations shall be exercised
only in accordance with advice that is consistent with resolutions of the
Ministerial Council.

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