150.—(1) Pursuant to paragraph 27 of Schedule 8 to the 1986 Act, the Secretary of State may, subject to the 1986 Act, the 2011 Act and the Rules, make regulations with respect to any matter provided for in the Rules as relates to the carrying out of the functions of a postal administrator of a company, including, without prejudice to the generality of the foregoing, provision with respect to the following matters arising in a postal administration—
(a)the preparation and keeping of books, accounts and other records, and their production to such persons as may be authorised or required to inspect them;
(b)the auditing of a postal administrator’s accounts;
(c)the manner in which a postal administrator is to act in relation to the company’s books, papers and other records, and the manner of their disposal by the postal administrator or others;
(d)the supply by the postal administrator to creditors and members of the company of copies of documents relating to the postal administration and the affairs of the company (on payment, in such cases as may be specified by the regulations, of the specified fee);
(2) Regulations made pursuant to paragraph (1) of this Rule may—
(a)confer a discretion on the court;
(b)make non-compliance with any of the regulations a criminal offence;
(c)make different provision for different cases, including different provision for different areas; and
(d)contain such incidental, supplemental and transitional provisions as may appear to the Secretary of State necessary or expedient.