12(1)Subject to this Act, the Commission may make by-laws governing the administration, management and conduct of its affairs.

12(2)The Commission shall make by-laws governing conflict of interest of members of the Commission and employees of the Commission.

12(3)A by-law made under subsection (1) or (2) is ineffective until it has been approved by the Minister.

12(4)The Regulations Act does not apply to a by-law made under subsection (1) or (2).