(1)  The Governor may make regulations for the purpose of this Act.

(2)  The regulations may contain provisions of a savings or transitional nature consequent on the enactment of this Act.

(3)  A provision referred to in subsection (2) may take effect on the day on which this section commences or a later day.

(4)  Without limiting subsection (2) , the regulations may provide that, until the end of the triennium commencing on 1 July 1998, any provisions of the Traffic Act 1925 or the Transport Act 1981 specified in the regulations do not apply to the Company.