—(1) The Minister may from time to time make regulations for or with respect to all or any of the following matters:
to prescribe the manner of registration of societies under this Act;
to regulate or restrict changes of the name of registered societies;
to regulate or restrict changes of the place of business or place of meeting or of the registered rules or objects of registered societies;
to prescribe the manner and conditions in and under which the powers conferred by this Act shall be exercised by the persons on whom the powers are conferred;
to prescribe the fees which may be charged and taken under this Act;
to prescribe the forms which may be used for carrying out the provisions of this Act;
to require the accounts and financial statements of registered societies to be in compliance with —
accounting standards that are made or formulated by the Accounting Standards Council under Part III of the Accounting Standards Act 2007 and applicable to societies; or
other requirements substituted by the Minister in lieu of compliance with the accounting standards applicable to societies;
to provide for relief from the requirements of such accounting standards applicable to societies;
to provide that the regulations made under paragraph (fa) shall not apply to any society that is registered as a charity or approved as an institution of a public character under the Charities Act (Cap. 37) to the extent that that Act requires the society’s accounts and financial statements for any financial year to comply with the accounting standards applicable to charities to the exclusion of other accounting standards;
generally for carrying into effect the provisions of this Act.
(2) The Minister in making any regulations under this Act may direct that a person committing a breach of such regulations shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $500 and, where the breach is a continuing one, to a fine not exceeding $50 for every day after the first day during which the breach continues.
(3) All such regulations shall be published in the Gazette and shall be presented to Parliament as soon as possible after publication.