Section 92
Power to make regulations
of Skills Development Fund Act 2004
(1)
The Corporation, with the approval of the Minister, may make such regulations as may be expedient or necessary for the purpose of carrying out the provisions of this Act.
(2)
Without prejudice to the generality of subsection (1), regulations may be made for prescribing—
(a)
the criteria to be used in the granting of skills training loans;
(b)
the forms to be used and the information to be furnished in respect of any application under this Act and for other purposes under this Act;
(c)
the procedure to be followed and the fees or charges to be imposed in respect of any application under this Act;
(d)
the form in which a register or other records shall be kept or maintained under this Act and the entries to be made in the register and records;
(e)
fees or charges to be imposed in respect of anything done under this Act other than an application under this Act;
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(f)
the manner of appointment, and the terms and conditions of service, of the officers and servants of the Corporation;
(g)
the payment of gratuities and other benefits to the officers and servants of the Corporation;
(h)
the terms and conditions and the procedure for the grant of loans or advances to any officer or servant of the
Corporation including, where the loan is for the purpose of purchasing or erecting a house or discharging any encumbrance on a house, on the condition that the house including the land on which it stands shall be charged or assigned to the Corporation as security for the loan;
(i)
the payment of allowances and other benefits to members of the Board and the committees;
(j)
any matter required to be prescribed under this Act; and
(k)
any other matter which the Corporation deems expedient or necessary for the purposes of this Act.
Amendment of Schedule 93.
The Minister may from time to time amend the Schedule by order published in the Gazette.
Things done in anticipation of the enactment of the Act 94.
All things done by any person or authority on behalf of the
Corporation in the preparation of and towards the proper implementation of any of the provisions of this Act, and any expenditure incurred in relation thereto, in anticipation of the enactment of this Act shall be deemed to have been authorized by this Act, and all rights acquired or obligations incurred on behalf of the Corporation from anything so done shall upon the coming into operation of this Act be deemed to be the rights and obligations of the Corporation.