The Governor may, on the recommendation of the Corporation, make, alter and repeal by-laws, in accordance with and for the purposes referred to in clause 23 of the Agreement, and the by-laws ¾
(a) shall be published in the Gazette;
(b) shall take effect and have the force of law from the date they are so published or from a later date fixed by the order making the by-laws;
(c) may prescribe penalties not exceeding one hundred dollars for a breach of any of the by-laws;
(d) are not subject to section 3 of the Interpretation Act 1918,
but shall be laid before each House of Parliament within the six sitting days of such House next following the publication of the by-laws in the Gazette.