13.—(1) In this Act “regulations” means regulations made by the Department.
(2) Regulations under this Act may in particular—
(a)make provision for dealing with non-compliance with any of the regulations (including the creation of criminal offences),
(b)impose fees (which shall be paid into the Consolidated Fund), and
(c)provide for the exercise of functions by persons prescribed by the regulations.
(3) Regulations under this Act may—
(a)contain any appropriate consequential, incidental, supplementary or transitional provisions or savings, and
(b)make different provision for different purposes.
(4) No regulations to which this subsection applies shall be made unless a draft of the regulations (whether or not together with other provisions) has been laid before, and approved by a resolution of, the Assembly.
(5) Subsection (4) applies to—
(a)regulations under section 10(2) not consisting entirely of the application or incorporation (with or without modifications) of provisions contained in or made under the Insolvency (Northern Ireland) Order 1989 (NI 19),
(b)regulations under section 11 not consisting entirely of the application or incorporation (with or without modifications) of provisions contained in or made under Part I, Part II, Chapter VIII of Part VI, Part VIII, Parts XII to XIV, Part XVII, Part XVIII, Part XX, Part XXIV or Part XXV of the Companies (Northern Ireland) Order 1986 (NI 6),
(c)regulations under section 10 or 11 making provision about oversea limited liability partnerships, and
(d)regulations under section 12.
(6) A statutory rule containing regulations under this Act shall (unless a draft of it has been approved by a resolution of the Assembly) be subject to negative resolution.