120. The Government may make regulations concerning the management of the public lands contemplated in section 118 to determine:
(a) the term of the agreement contemplated in the said section;
(b) the conditions relating to the use of such public lands;
(c) the amount of the rents exigible;
(d) the nature of the required authorizations and reports;
(e) the apportionment of the cut timber to the plants; and
(f) the conditions for the marketing of lumber.
Such regulations shall come into force on the date of their publication in the Gazette officielle du Québec or on any later date determined therein.