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The Laws of Fiji
Last Updated: 16 October 2023

[PEA 66] Regulations66 

66
The Minister may make regulations to prescribe matters that are required or permitted by this Act to be prescribed or are necessary or convenient to be prescribed for carrying out or giving effect to this Act and generally for achieving the purposes of this Act including—
  • (a)prescribing additional matters that must be contained in the statement of corporate intent, or excluding one or more matters set out in section 23(1);
  • (b)prescribing matters in relation to the remuneration of directors appointed under section 30;
  • (c)prescribing the percentage of share ownership or control for the purposes of section 43(2)(e);
  • (d)prescribing activities of a public enterprise that require the prior approval of the Minister; and
  • (e)prescribing offences and penalties not exceeding—
    • (i)in the case of an individual, a fine of $10,000 or imprisonment for a term of 5 years or both; or
    • (ii)in the case of a body corporate, a fine of $100,000.