The following section is substituted for section 27 of the Principal Act:
"27. Regulations.
(1) The Minister may make regulations prescribing any matter referred to in this Act as prescribed or to be prescribed or to be the subject of regulations or for the purpose of enabling any of its provisions to have full effect.
(2) The regulations may contain such incidental, supplementary and consequential provisions as appear to the Minister to be necessary for the purposes of the regulations.
(3) Regulations prescribing fees shall be made with the consent of the Minister for Finance.".