(1)  The Governor may make regulations prescribing fees, charges and royalties in respect of –

(a) the purchase of any tag, buoy, ticket or other identification required to be displayed or affixed to a vessel, container, bag, apparatus or fish; and

(b) any services provided under this Act; and

(c) the quantity, dimensions or type of fish that may be taken; and

(d) the quantity, dimensions or type of apparatus that may be used; and

(e) the period during which a person may take fish or use apparatus; and

(f) any contract or agreement between the Minister and any person for the right to take fish; and

(g) vessels used for fishing.

(2)  Regulations under this section may prescribe a fee, charge or royalty by –

(a) specifying a set amount; or

(b) specifying a rate or proportion by which the fee, charge or royalty is to be calculated; or

(c) any other method of calculating the fee, charge or royalty.

(3)  Regulations under this section may provide for –

(a) any fee, charge or royalty to be paid by instalments; and

(b) any fee, charge or royalty to be paid in advance or in arrears; and

(c) any additional charge if a fee, charge or royalty is paid by instalments; and

(d) any matter relating to the payment, collection and recovery of fees, charges and royalties.