§ 167 — Power of Authority to make regulations

167.—(1) Regulations may be made under section 192 for or with respect to —(a)

the fees to be paid in respect of any matter or thing required for the purposes of this Part, and the refund or remission of the whole or any part of any such fees;

(b)

the granting, lapsing, surrender, revocation or suspension of a licence, and all incidental matters;

(c)

the requirements which a licensee or person exempt under section 189 must comply with when ceasing or intending to cease the provision of a digital token service and all incidental matters;

(d)

the requirements which a licensee or a person exempt under section 189 must comply with to ensure proper corporate governance of the licensee or person;

(e)

the requirements applicable to a licensee or person exempt under section 189, including requirements in relation to the fitness and propriety of the licensee, the person exempt under section 189, or the chief executive officer or equivalent person of the licensee or person exempt under section 189, as the case may be;

(f)

the rules for the use of the electronic service mentioned in section 187; and

(g)

the procedure to be applied where there is a breakdown or an interruption of the electronic service mentioned in section 187.

(2) Regulations mentioned in subsection (1) may relate to all, or any class, category or description of persons or digital token services, and may make different provisions for different classes, categories or descriptions of persons or digital token services or to a particular person or digital token service.

—(1) Regulations may be made under section 192 for or with respect to —(a)

the fees to be paid in respect of any matter or thing required for the purposes of this Part, and the refund or remission of the whole or any part of any such fees;

(b)

the granting, lapsing, surrender, revocation or suspension of a licence, and all incidental matters;

(c)

the requirements which a licensee or person exempt under section 189 must comply with when ceasing or intending to cease the provision of a digital token service and all incidental matters;

(d)

the requirements which a licensee or a person exempt under section 189 must comply with to ensure proper corporate governance of the licensee or person;

(e)

the requirements applicable to a licensee or person exempt under section 189, including requirements in relation to the fitness and propriety of the licensee, the person exempt under section 189, or the chief executive officer or equivalent person of the licensee or person exempt under section 189, as the case may be;

(f)

the rules for the use of the electronic service mentioned in section 187; and

(g)

the procedure to be applied where there is a breakdown or an interruption of the electronic service mentioned in section 187.

(2) Regulations mentioned in subsection (1) may relate to all, or any class, category or description of persons or digital token services, and may make different provisions for different classes, categories or descriptions of persons or digital token services or to a particular person or digital token service.