s 29 Regulations
29.—(1) The Authority may, with the approval of the Minister, make regulations for carrying out the purposes and provisions of this Act. (2) Without limiting subsection (1), the Authority may, with the approval of the Minister, make regulations for or with respect to all or any of the following matters:(a) prescribing the amount of fees to be paid on an application for the issue of a certificate under section 13(1); (b) providing for the cancellation and delivery up to the Director of a certificate issued under section 13(1); (c) providing for matters relating to the conversion of amounts mentioned in section 7(3) from special drawing rights to such sums in Singapore dollars; (d) providing for any other matter which is required or authorised by any provision of this Act to be provided for by regulations; (e) prescribing offences in respect of the contravention of any regulations made under this section, and prescribe fines not exceeding $10,000 or imprisonment which may not exceed 12 months or both, that may, on conviction, be imposed in respect of any such offence.