(1) The President may, on the advice of the Board, by legislative instrument prescribe Regulations necessary for the effective implementation of this Act.
(2) In furtherance of subsection (1) Regulations may be made in respect of
(a) the persons or bodies to whom reports of the internal audit units shall be distributed by the Board;
(b) the protection of internal auditors; and
(c) any other matter in accordance with this Act.
(3) Any Regulations made under this section may be signed by a Minister authorised by the President.