56 The Lieutenant Governor in Council may make regulations, (a) prescribing or respecting any matter that this Act refers to as a matter prescribed by the regulations or as otherwise dealt with by the regulations; (b) prohibiting persons from carrying out an activity described in subsection 8 (2) in respect of a restricted invasive species; (c) exempting persons, species or things or classes of persons, species or things from section 7 or subsection 8 (1) and specifying conditions or restrictions that apply with respect to the exemptions; (d) governing carriers of invasive species including, (i) respecting the possession, transport, buying, selling, leasing or trading of a carrier and the offering to buy, sell, lease or trade a carrier and, in the case of a carrier that is itself a species, respecting its introduction into Ontario, its propagation, deposit or release, (ii) prohibiting any of the activities referred to in subclause (i) in relation to a specified carrier and prescribing circumstances in which the prohibition does not apply, conditions that apply to the prohibition, (iii) exempting any person from a prohibition referred to in subclause (ii), subject to any conditions or restrictions set out in the regulation, (iv) providing that all or part of section 10 applies with respect to any prohibition referred to in subclause (ii) so that the Minister may issue authorizations under that section allowing a person to engage in an activity that would otherwise be prohibited for the purposes set out in subsection 10 (1); (e) governing the issuance, amendment, renewal, transfer, refusal, suspension or cancellation of an authorization issued under section 10 including prescribing the qualifications for an authorization and prescribing the conditions to which an authorization is subject; (f) governing agreements entered into under section 12, including prescribing any prerequisites to entering into the agreement and prescribing any conditions to which the agreement is subject; (g) governing prevention and response plans prepared under section 13; (h) governing compensation that may be authorized by the Minister under section 29 including, (i) respecting the circumstances in which compensation will be authorized and the circumstances in which it will not be authorized, (ii) prescribing the losses and costs in respect of which compensation may be paid, and (iii) respecting the amount of compensation that may be paid, including the manner of determining the amount and prescribing the maximum amount of compensation that may be paid and the circumstances in which the amount of compensation may be reduced; (i) governing delegation by the Minister under section 55 of the power to issue authorizations under section 10, respecting the collection of fees by the delegate in relation to the exercise of the delegated authority and the performance agreement that may be entered into by the Minister and the delegate; (j) requiring any person to keep records relating to any matter under of this Act, to submit information to the Minister in relation to any matter under this Act and governing the keeping of the records and the submission of the information; (k) respecting any matter that is necessary or advisable for the efficient management of this Act.