Queensland Consolidated Acts Queensland Consolidated Acts(1) The Governor in Council may make regulations under this Act.
(2) A regulation may—
(a) impose fees; or
(b) create offences and prescribe penalties of not more than 20 penalty units for each offence.
(3) A regulation may require registered providers to put in place, or participate in, arrangements directed at ensuring that overseas students are financially protected from default of registered providers, including arrangements for registered providers—
(a) to hold policies of indemnity insurance or guarantees; and
(b) to participate in indemnity schemes; and
(c) to operate trust accounts.
(4) Subsection (3) and section 7(4) do not limit by implication the conditions the chief executive may decide for a registration.