(1) The Minister may, in consultation with the Council, make Regulations for giving effect to this Act.
(2) Without prejudice to the generality of subsection (1), the Minister may, in consultation with the Council, make Regulations to —
(a) prescribe fees and charges under this Act;
(b) prescribe forms for certificates and the Accreditation Mark as required under this Act;
(c) prescribe standards for accreditation;
(d) provide for a national qualifications framework; and
(e) provide for a transitional matter arising as a consequence of the coming into operation of this Act or the Regulations.
(3) Regulations made under this section may provide that a tertiary institution which contravenes or fails to comply with a provision of the Regulations commits an offence and is liable on summary conviction to a fine not exceeding $10,000.