Section 90
Regulations
The Minister may make regulations as may be expedient or necessary for the better carrying out of the objects and purposes of this Act.
(2)
Without limiting the generality of subsection (1), regulations may be made for all or any of the following purposes:
94 Laws of Malaysia ACT 778
(a)
prescribing the establishment and administration of compensation fund for the purposes of interest schemes registered under this Act and the manner the compensation fund is to be applied;
(b)
prescribing the lodgement or registration of documents and the time and manner of submission of documents for lodgement or registration;
(c)
prescribing the fees to be paid to the Registrar in respect of any document required to be lodged, filed and registered with or issued by the Registrar under this Act or any act required to be performed by the Registrar or for the inspection of any such document;
(d)
prescribing the fees to be paid to the Registrar in respect of any services performed by the Registrar; or
(e)
prescribing any other matter as are necessary or expedient to be prescribed for giving effect to this Act.
(3)
Regulations made under subsection (1) may prescribe any act in contravention of any of the regulations to be an offence and may prescribe penalty of a fine not exceeding five hundred thousand ringgit or to imprisonment for or a term not exceeding five years or to both for such offence.