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- (g) the form and nature of cybersecurity exercises that may be conducted;
- (h) the class or classes of licence to be issued, and the requirements for the grant or renewal of the licence;
- (i) the conduct of licensees in carrying on their business;
- (j) the fees to be paid in respect of any matter or thing required for the purposes of this Act, including the refund and remission (in whole or part) of such fees; and
- (k) all matters and things which by this Act are required or permitted to be prescribed or which are necessary or expedient to be prescribed to give effect to this Act.
(3) Except as otherwise expressly provided in this Act, the regulations—
- (a) may be of general or specific application;
- (b) may provide that any contravention of any specified provision of the regulations shall be an offence; and
- (c) may provide for penalties not exceeding a fine of $50,000 or imprisonment for a term not exceeding 12 months or both for each offence and, in the case of a continuing offence, a further penalty not exceeding a fine of 10% of the maximum fine prescribed for that offence for every day or part of a day during which the offence continues after conviction.
Related amendments to Computer Misuse and Cybersecurity Act
49. The Computer Misuse and Cybersecurity Act (Cap. 50A, 2007 Ed.) is amended—
- (a) by deleting the words “, to require or authorise the taking of measures to ensure cybersecurity,” in the long title;
- (b) by deleting the words “and Cybersecurity” in section 1;
- (c) by deleting the words “within the meaning of section 15A(12)” in section 11(4)(b);
