(1)The Governor in Council may make regulations under this Act.
(2)A regulation may impose a penalty of not more than 20 penalty units for a contravention of a provision of a regulation.
(3)However, a regulation may impose a penalty of not more than 150 penalty units for a contravention of a provision about the following—
(a)misusing a proxy or otherwise voting on behalf of a person without authority;
(b)failure of an original owner to comply with obligations relating to the first annual general meeting;
(c)failure of an original owner for a specified two-lot scheme to comply with obligations relating to handing over documents and materials to the body corporate after the original owner stops being an owner of a lot included in the scheme.