Document ID: chunk:federal_register_of_legislation:C2025C00044:section:252
Version: federal_register_of_legislation:C2025C00044
Segment Type: section
Provision Reference: s 252
Character Range: 494867–495522

252  Regulations
 (1) The Governor‑General may make regulations prescribing matters:
 (a) required or permitted to be prescribed by this Act; or
 (b) necessary or convenient to be prescribed for carrying out or giving effect to this Act.

Penalties
 (2) The regulations may prescribe penalties for offences against the regulations. A penalty must not be more than 50 penalty units.

Fees
 (3) The regulations may make provision for and in relation to fees payable in respect of the performance of a function, or the exercise of a power, by the AUSTRAC CEO.
 (4) A fee must not be such as to amount to taxation.
 (5) A fee is payable to the Commonwealth.