§ 38 — Regulations for this Part

38.—(1) Regulations may be made under section 192 —(a)

to provide for the matters that the Authority may have regard to in determining whether to approve a dispute resolution scheme under section 31(1);

(b)

to prescribe a list of dispute resolution schemes approved under section 31(1);

(c)

to provide for the suspension or cancellation of approvals under section 31(1);

(d)

to provide for the conditions for approval of a dispute resolution scheme including for matters relating to the constitution of the management of an operator of an approved dispute resolution scheme, and the operations of an operator of an approved dispute resolution scheme, including the standards or requirements of its operations, the fees that may be charged for its dispute resolution services, the records that must be kept, the period of retention of the records, the reports that are to be submitted to the Authority, the time for such submission, the terms of membership with the scheme, the procedure for dispute resolution and other matters relating to the administration of the scheme; and

(e)

to generally to give effect to or for carrying out the purposes of this Part.

(2) Regulations made for the purposes of subsection (1) may provide that any contravention of any specified provision of the regulations shall be an offence punishable (despite section 192(2)(d)) with a fine not exceeding $50,000.

—(1) Regulations may be made under section 192 —(a)

to provide for the matters that the Authority may have regard to in determining whether to approve a dispute resolution scheme under section 31(1);

(b)

to prescribe a list of dispute resolution schemes approved under section 31(1);

(c)

to provide for the suspension or cancellation of approvals under section 31(1);

(d)

to provide for the conditions for approval of a dispute resolution scheme including for matters relating to the constitution of the management of an operator of an approved dispute resolution scheme, and the operations of an operator of an approved dispute resolution scheme, including the standards or requirements of its operations, the fees that may be charged for its dispute resolution services, the records that must be kept, the period of retention of the records, the reports that are to be submitted to the Authority, the time for such submission, the terms of membership with the scheme, the procedure for dispute resolution and other matters relating to the administration of the scheme; and

(e)

to generally to give effect to or for carrying out the purposes of this Part.

(2) Regulations made for the purposes of subsection (1) may provide that any contravention of any specified provision of the regulations shall be an offence punishable (despite section 192(2)(d)) with a fine not exceeding $50,000.