(a) This article shall be administered by the attorney general and employees designated by him within the department of law. The attorney general is hereby empowered to promulgate, alter, amend or revoke rules and regulations necessary to carry out the purposes of this article.

(b) The attorney general may establish fees for the filing of any registration statement, not to exceed two thousand five hundred dollars, to recover the costs of administering this article. Such fees may vary according to the maximum consideration payable by the offeror for the securities which are the subject of the takeover bid.