Payment Times Reporting Act 2020

PART 6 - MISCELLANEOUS  

Division 4 - Other matters  

SECTION 58   RULES  

58(1)    
The Minister may, by legislative instrument, make rules prescribing matters:

(a)    required or permitted by this Act to be prescribed by the rules; or

(b)    necessary or convenient to be prescribed for carrying out or giving effect to this Act.

58(2)    
To avoid doubt, the rules may not do the following:

(a)    create an offence or civil penalty;

(b)    provide powers of:

(i) arrest or detention; or

(ii) entry, search or seizure;

(c)    impose a tax;

(d)    set an amount to be appropriated from the Consolidated Revenue Fund under an appropriation in this Act;

(e)    directly amend the text of this Act.

58(3)    
Despite subsection 14(2) of the Legislation Act 2003 , rules made for the purposes of the definition of Payment Times Small Business Identification Tool in section 5 of this Act may make provision in relation to a matter by applying, adopting or incorporating, with or without modification, any matter contained in an instrument or other writing as in force or existing from time to time.