(1) The Minister, having regard to the purposes specified in subsection (3), following consultation with the Central Bank and subject to the consent of the Minister for Finance, may make regulations providing for the application of this Act and instruments made under this Act, with and subject to any modifications that may be specified in the regulations, to accounts (including accounts other than those specified in section 2 (1)) that are held by any class or classes of person and at any class or classes of institution specified in the regulations.
(2) Without prejudice to the generality of subsection (1), the modifications, if any, may relate to any of the following matters:
(a) the dormancy period;
(b) the notification procedure set out in Chapter 2;
(c) the transaction, as defined in section 2 (1), required to be effected in relation to an account for the purposes of this Act;
(d) the transfer of moneys to the Fund under section 12;
(e) the keeping of a register under section 14 an
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