—(1) The Minister may make regulations for or in respect of every purpose which he considers necessary for carrying out the provisions of this Act and for the prescribing of any matter which is authorised or required under this Act to be so prescribed.
(2) In addition to the powers conferred by subsection (1), the Minister may make regulations providing —
for the minimum amounts of deposits and maximum maturity periods for different types or classes of loans or advances granted by owners;
for the submission by owners who enter into hire-purchase agreements of such annual and periodic accounts and returns as may be prescribed and in such form as may be prescribed; and
for the collection, at such intervals or on such occasion and in such form as may be prescribed, of statistical information on such matters relating to hire-purchase as may be prescribed.