(1) The Authority may make regulations, not inconsistent with this Act, for or with respect to any matter that by this Act is required or permitted to be prescribed, or that is necessary or expedient to be prescribed, for carrying out or giving effect to this Act.
(2) Without limiting subsection (1), regulations under that subsection may do any or all of the following -
(a) prescribe requirements with respect to carrying on asset covered securities business that designated credit institutions must comply with,
(b) prescribe requirements that a designated mortgage credit institution must comply with in maintaining its cover assets pool,
(c) prescribe requirements that a designated public credit institution must comply with in maintaining its cover assets pool,
(d) prescribe kinds of substitution assets that may be included in a cover assets pool,
(e) prescribe which and in what circumstances mortgage credit assets, or public credit assets, or substitution assets that are comprised in a
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