(1) The Minister may make Regulations for the purposes of giving effect to the provisions of this Act.
(2) Without prejudice to the generality of subsection (1), the Minister may make Regulations to —
(a) regulate the distribution, purchase or sale of goods or any class or description of goods;
(b) provide for the recall of certain goods and services which are dangerous or hazardous to safety and the refund or remission by the vendor of the purchase price paid;
(c) require persons carrying on or employed in connection with any trade or business to furnish information concerning all or any of the elements of the cost or sale price of goods or any class or description of goods bought or sold in such trade or business, whether by wholesale or retail;
(d) require the provision and maintenance, at places at which goods are offered for sale by retail, of means whereby prospective purchasers of any of those goods may ascertain the weight or measurement;
(e) prescribe the manner in which goods are analyzed or tested under section 38;
(f) provide for fees, rates and other costs as may be required from time to time;
(g) provide for various forms for notices, reporting and other purposes as required under this Act;
(h) provide for further functions and powers of the Appeals Tribunal;
(i) exempt a transaction or consumer agreement under section 74(4);
(j) prescribe the time periods for a refund under section 78(9);
(k) exempt goods or prescribe the circumstances for displaying or selling goods under section 83(3);
(l) prescribe the manner and form for disclosure of environmental facts under section 84;
(m) prescribe categories of agreements to which section 92 applies and the specific wording to be included in such agreements;
(n) prescribe standards of consumer safety under section 132;
(o) prescribe promotional competition rules under section 170;
(p) prescribe matters required or permitted to be prescribed by this Act;
(q) provide for such matters as may be contemplated or necessary for giving full effect to this Act and for its administration or incidental to or consequential upon any provision of this Act.
(3) Nothing in subsection (2) is deemed to authorize the Minister to make any regulations in relation to any goods if the exportation, distribution, purchase, sale or price of the goods is or may be, regulated under or by virtue of the provisions of any other enactment.
(4) Regulations made under this section may create offences and may prescribe penalties for the offences on conviction to a fine not exceeding $25,000 or to imprisonment for a term not exceeding 4 years.