(1) The Governor may make regulations, not inconsistent with this Act, for or
with respect to any matter that by this Act is required or permitted to be
prescribed or that is necessary or convenient to be prescribed for carrying
out or giving effect to this Act.
(2) In particular, the regulations may make
provision for or with respect to--
(a) the keeping of records under this Act,
and
(b) the valuation of goods for the purposes of this Act.
(3) The
regulations may create offences punishable by a penalty not exceeding 10
penalty units.
