(1) The Governor-General may make regulations prescribing matters:
(a) required or permitted by this Act to be prescribed; or
(b) necessary or convenient to be prescribed for carrying out or giving effect to this Act.
(2) Before the Governor-General makes regulations under subsection (1), the Minister must:
(a) if the regulations are for the purposes of section 130, 150 or 162 (which relate to the remuneration and allowances of Board members, members of the Advisory Council and the CEO)--consult the host jurisdictions about the making of the regulations; or
(b) otherwise--be satisfied that the Commonwealth and each host jurisdiction have agreed to the making of the regulations.