120.2. The Government may, by regulation,(1) prescribe the form and content of the form referred to in section 120.1;
(2) prescribe the computer-drawn equivalent of such a form;
(3) designate the recipient of the form;
(4) prescribe the period within which the form, or its computer-drawn equivalent, must be transmitted to the recipient;
(5) prescribe the cases in which the form need not be filled out and transmitted.