183. Regulations
The Minister upon the recommendation of the Central Bank may make Regulations as may be required from time to time for giving effect to the provisions of this Act, and without limiting the generality of the foregoing, may make Regulations respecting —
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(a) reports or other information to be supplied by persons to whom licences have been granted and any other matter associated with their use;
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(b) records to be kept, returns and reports to be made to the Central Bank by persons who are appointed as auditors under the Act;
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© character of the records to be kept by any licensed financial institution or licensed financial holding company and the form of the report and returns to be made by the licensed financial institution or licensed financial holding company and fixing the times when such reports and returns shall be made;
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(d) forms necessary for the administration of this Act;
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© the better implementation of Part 9;
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(f) penalties that may be imposed for violations of Orders and Regulations made under this Act and may also prescribe the penalties to be imposed on summary conviction, but no such penalty shall exceed a fine of $50,000 or imprisonment of a term exceeding 12 months.