When you look at section 550 of the law, you will see some changes. In section 550, the word "regulations" is replaced with "regulations; and" to make the law clearer. You can find the original section 550 on the New Zealand legislation website.

When making new regulations, you must consider the purpose and principles of the Trusts Act 2019. You need to be satisfied that the new regulations do not go further than they need to. This means the regulations should only address the specific issues they are trying to fix, and not affect other parts of the Trusts Act 2019.

There is another change after section 550, which talks about regulations that may not apply some parts of the Trusts Act 2019. You can find more information about this in section 548 of the law, which is about regulations that can disapply provisions of the Trusts Act 2019.