s 43 Regulations
43.—(1) The Minister may make such regulations as may be necessary or expedient for the purposes of this Act. (2) Without limiting subsection (1), the Minister may make regulations —(a) exempting any class of supplier or any class of goods or services or transactions from the application of this Act or any provision of this Act, and imposing conditions for that exemption; (b) modifying the application of any provision of this Act to any class of supplier or any class of goods or services or transactions; (c) controlling or prohibiting any practice in relation to any consumer transaction; (d) prescribing information or notices that must be provided to consumers by suppliers with respect to any consumer transaction; (e) prescribing the form or terms of contracts to be used in any consumer transaction and any information to be contained therein; (f) requiring suppliers to maintain books, accounts (including trust accounts) or records in relation to any consumer transaction, and prescribing the form and mode of keeping such books, accounts and records; (g) prescribing or adopting, with or without modification, codes, standards or rules governing the conduct of suppliers engaged in any consumer transaction; (h) prescribing the rights and obligations of parties in relation to a consumer transaction involving any practice regulated under this Act or any regulations made under this Act, including the right to sue for the purpose of enforcing such rights or obligations in circumstances specified therein; (i) specifying limitation periods for any action under this Act or any regulations made under this Act; (j) specifying, for the purposes of section 7(1)(d), actions under provisions in any regulations made under this section; (k) specifying dispute resolution schemes for the purposes of section 7(11); (l) modifying the application of section 6(2), in relation to any class of supplier or any class of goods or services or transactions, where multiple actions involving the same unfair practice are commenced under section 6(1) by the same consumer; (m) prescribing —(i) the manner in which notices of cancellation may be properly given under section 9(12); (ii) the rights and obligations of parties to a contract cancelled under section 9(12), or any other contract entered into for the purposes of the cancelled contract, including the amount or value of any deposit, security, goods or compensation recoverable in an action arising from the cancellation; and (iii) the effect of cancellation under section 9(12) on any rights the parties to the contract may otherwise have; and (n) prescribing the offences that may be compounded under section 34.[20 [25/2016]