Regulations

The Minister may make Regulations generally for the carrying out of the purposes of this Act, and in particular but without prejudice to the generality of the foregoing, may make Regulations providing, (a) for the registration of developers, sales agents, managing entities, escrow agents and exchange companies by the Registrar and the fees payable therefor; (b) for the keeping of books of account, records, documents, instruments and returns by developers, sales agents, managing entities, escrow agents and exchange agents and the penalties for failure to comply with such (c) for the training and development of standards for persons employed in the timeshare industry; (d) for properties, accommodation and units including but not limited to standards for the maintenance of the exteriors and interiors of timeshare accommodation and units and the roads, pathways, grounds and other common property and common areas thereto; (e) minimum furnishings to be provided in bedrooms and bathrooms and other rooms within a timeshare unit; 36 (f) that any licence granted under this Act shall be displayed in a conspicuous place in a (g) fees for carrying out inspections; (h) for the issue of prosecutions by ticket notices; (i) for the establishment by developers of a sinking fund and the use of such a fund and any matters connected therewith; (j) for the regulation or prohibition of the use of off premises contacts by sales agents, or defining the terms, conditions and standards under which off premises contacts may be allowed to operate under this Act.