Section 49 of the CAC Act  provides for the Governor-General to make regulations prescribing matters necessary or convenient for carrying out or giving effect to the Act.
The principal matters covered by the Commonwealth Authorities and Companies Regulations 1997  (CAC Regulations) are:
- a list of bodies that are prescribed as Government Business Enterprises or Statutory Marketing Authorities for the purposes of the CAC Act;
- a list of Commonwealth companies for which the Minister for Finance and Deregulation is the responsible Minister;
- a list of authorities that are incorporated by regulation under an Act and which are to be subject to the CAC Act;
- particulars that must be included in a notice tabled in Parliament by a Minister about changes to direct Commonwealth membership of a company.
The CAC Regulations are tabled in Parliament and are subject to disallowance by Parliament.