s 159 Power to make regulations
(1) The Commission may, with the approval of the Minister, make regulations as may be expedient or necessary for the better carrying out of the provisions of this Act. (2) Without prejudice to the generality of subsection (1), regulations may be made for— (a) prescribing forms for the purposes of this Act; (b) prescribing fees to be paid in respect of any matter required for the purposes of this Act; (c) prescribing the principles and rules governing the conduct of all persons or parties involved in a take-over offer, merger or compulsory acquisition; (d) all matters relating to proposals referred to in subsection 32(2); (e) all matters which by this Act are required or permitted to be prescribed. (3) Regulations made under this section may provide for the imposition of penalties which shall not exceed twenty-five thousand ringgit for any offence thereunder. (4) Regulations may provide that all or any of the provisions of this Act— (a) shall not have effect in relation to any specified person or persons or any particular class of persons, either generally or as otherwise provided in the exemption, from all or any of the provisions of any regulations made under this section; and (b) shall have effect in relation to any specified person or persons or any particular class of persons to such extent as is prescribed.