(1) The Board may, with the approval of the Minister, make regulations—
(a) prescribing the grades, types and quality of produce it shall accept from producers;
(b) prescribing the prices to be paid to producers in respect of any grade, type or quality of produce;
(c) relating to the examination and grading of produce;
(d) controlling the prices at which specified produce acquired from the Board by domestic buyers may be sold locally and the prices at which specified produce of stated grade and packing may be sold for export by licensed agents;
(e) regulating the quantities of any specified produce which may be imported or exported by licensed buying or selling agents;
(f) relating to the licensing and registration of producers of any specified produce;
(g) prescribing the form of licenses to be used;
(h) requiring importers of produce to submit documentary evidence of the source and price paid for any category of produce;
(i) establishing agricultural marketing schemes for one or more categories of produce;
(j) requiring registered producers to keep records and, where required, to furnish returns of all specified produce sold by them; and
(k) generally for the better carrying out of its functions and duties under this Act.
(2) Regulations made under subsection (1) may provide for the imposition of a fine of $500 for the contravention of or non-compliance with any provision thereof.