(1) The Parking Authority where it is not the Responsible Authority, shall after consultation with the Minister, set parking rates for paid-parking zones in each regulated parking area.
(2) Where the Parking Authority is the Minister, he or she shall after consultation with the Board set parking rates for paid-parking zones in each regulated parking area.
(3) The Parking Authority may impose different rates within a regulated parking area and as between one regulated parking area and another.