—(1) The Minister may make regulations for the regulation and licensing of certification authorities and to define when a digital signature qualifies as a secure electronic signature.
(2) Without prejudice to the generality of subsection (1), the Minister may make regulations for or with respect to —
applications for licences or renewal of licences of certification authorities and their authorised representatives and matters incidental thereto;
the activities of certification authorities including the manner, method and place of soliciting business, the conduct of such solicitation and the prohibition of such solicitation of members of the public by certification authorities which are not licensed;
the standards to be maintained by certification authorities;
prescribing the appropriate standards with respect to the qualifications, experience and training of applicants for any licence or their employees;
prescribing the conditions for the conduct of business by a certification authority;
providing for the content and distribution of written, printed or visual material and advertisements that may be distributed or used by a person in respect of a digital certificate or key;
prescribing the form and content of a digital certificate or key;
prescribing the particulars to be recorded in, or in respect of, accounts kept by certification authorities;
providing for the appointment and remuneration of an auditor appointed under the regulations and for the costs of an audit carried out under the regulations;
providing for the establishment and regulation of any electronic system by a certification authority, whether by itself or in conjunction with other certification authorities, and for the imposition and variation of such requirements, conditions or restrictions as the Controller may think fit;
the manner in which a holder of a licence conducts its dealings with its customers, conflicts of interest involving the holder of a licence and its customers, and the duties of a holder of a licence to its customers with respect to digital certificates;
prescribing forms for the purposes of the regulations; and
prescribing fees to be paid in respect of any matter or thing required for the purposes of this Act or the regulations.
(3) Regulations made under this section may provide that a contravention of a specified provision shall be an offence and may provide penalties not exceeding a fine of $50,000 or imprisonment for a term not exceeding 12 months or both.