1. In this Regulation, unless the context indicates a different meaning,
“exempt property” has the meaning assigned by section 652.1 of the Act;
“Minister” means the Minister of Revenue;
“specified transaction” has the meaning assigned by section 1079.8.1 of the Act;
“transaction” has the meaning assigned by section 1079.8.1 of the Act.
For the purposes of this Regulation,
(a) the definition of “regulation” in section 1 of the Act is to be read as if “by the Government” were replaced by “by the Government or the Minister”;
(b) Titles I and II of Book I of Part I of the Act apply.