49 (1) The Lieutenant Governor in Council may make such regulations as the Lieutenant Governor in Council considers necessary or advisable for carrying out the intent and purposes of this Act, including, without limiting the generality of the foregoing, (a)  adding to the Schedule any person or class of persons or any agency, authority, board, commission, corporation or other organization of any kind or exempting any of them from the application of this Act; (b)  defining any word or expression used in this Act or the regulations for the purposes of the Act and the regulations; (c)  fixing the amount of the Fund and governing the operation of the Fund; (d)  prescribing procedures to be used by the Administrator; (e)  establishing adjudicators, designating adjudicators and prescribing procedures to be used by them; (f)  prescribing amounts for the purposes of sections 42, 43, 44 and 45; (g)  designating employers for the purpose of section 43; (h)  identifying persons and entities for the purpose of section 43; (i)  prescribing the manner in which and the time or times at which amounts shall be paid or credited under section 43; (j)  establishing maximum amounts for the purpose of subsection 45 (3); (k)  prescribing percentages for the purposes of subsections 46 (1) and (2); (l)  relating to authority of trade unions and employer associations for the purposes of section 13; (m)  relating to or providing for any matter referred to in this Act as being prescribed or as being dealt with by regulation. Same (2) A regulation made under subsection (1) may be general or particular in its application and may be restricted in its application to such class or classes of employers or employees as is set out in the regulations. Same (3) A regulation under subsection (1) may be made retroactive to such date, not earlier than June 14, 1993, as is set out in the regulation. Payments out of Fund (4) Regulations under clause (1) (c) may prescribe criteria for payments out of the Fund and may regulate the amounts payable out of the Fund. Effect of certain regulations (5) A regulation made under clause (1) (f) or (j) is not effective to reduce an amount payable referred to in section 44 or 45 if an agreement reciting that it is made for the purpose of this Act is made between the Government of Ontario and the physician, practitioner, health facility, health service organization, other person or entity referred to in subsection 44 (2), independent health facility or operator of a pharmacy concerned or his, her or its agent before August 2, 1993. Same (6) A regulation made under clause (1) (k) is not effective to increase a threshold payment adjustment referred to in subsection 46 (1) or to reduce a threshold level referred to in subsection 46 (2) if an agreement reciting that it is made for the purpose of this Act is made between the Government of Ontario and the Ontario Medical Association before August 2, 1993. Same (7) An agreement referred to in subsection (5) or (6) that needs to be ratified shall be deemed to have been made before August 2, 1993 for the purpose of this Act, if it is signed before that date by the parties to it and ratified no later than August 10, 1993. 1993, c. 5, s. 49.