7 Power to Treasury to make regulations.
Subject to the provisions of this Act, the Treasury may from time to time make, alter, or revoke regulations as to the following matters:
(1) The rules according to which applications for commutation are to be made or, on payment of a prescribed fee, to be withdrawn:
(2) The tables according to which the duration of life of applicants for commutation is to be calculated for the purposes of this Act :
(3) The terms upon which pensions are to be commuted, and the cases in which commutation is to be refused.