(1)  The Governor may make regulations for the purposes of this Act.

(2)  Without prejudice to the generality of the provisions of subsection (1) , the regulations may –

(a) prescribe the manner in which, and the persons by whom, and the directions or requirements in accordance with which, the forms prescribed for the purposes of this Act, or any of them, shall or may be signed, prepared, or completed, and generally regulate the signing, preparation, and completion of those forms, or any of them;

(ab) prescribe penalties for the late lodgment of annual returns under section 24B , which may apply differently according to such factors, whether as to time or circumstance, as may be specified in the regulations;

(ac) prescribe fees payable for the perusal of documents by the Commissioner, which may vary according to the length of a document or its character;

(ad) prescribe the fees payable for the lodgment of documents with the Commissioner under this Act, which may differ according to the document concerned;

(b) prescribe the times for the lodging of documents with, or the transmission of documents to, the Commissioner; and

(c) impose fines, not exceeding 2 penalty units, for offences against the regulations.

(3)  The regulations may require that, in such cases as may be prescribed, documents required by or under this Act to be lodged with the Commissioner shall be verified by statutory declaration made by such persons as may be prescribed.