(1) The Central Government may, by notification in the Official Gazette, make rules for carrying out the purposes of this Act.
     (2) In particular and without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters, namely:--
         (a) the form in which an application for a licence or permit may be made and the fees that shall accompany such application;
         (b) the matters which may be taken into account in the granting of licences and permits;
         (c) the form of licences and permits and the conditions and restrictions subject to which licences and permits may be granted;
         (d) the manner in which the fishing gear of a foreign vessel shall be kept stowed under section 7;
         (e) the terms and conditions under which a foreign vessel may be permitted to be used for fishing within any maritime zone of India for the purpose of carrying out any scientific research or investigation or for any experimental fishing under section 8;
         (f) the form in which an application may be made for releasing the vessel or other things seized under the first proviso to clause (a) of sub-section (4) of section 9;
         (g) any other matter which is required to be, or may be, prescribed.
     (3) In making any rule under this section, the Central Government may provide that a contravention thereof shall be punishable with fine which may extend to fifty thousand rupees.
     (4) Every rule made under this section shall be laid, as soon as may be after it is made, before each House of Parliament, while it is in session, for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid, both Houses agree in making any modification in the rule or both Houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule.