Section 20
Rules
The Minister may, on the recommendation of the Bank, make the rules as may be necessary or expedient for giving full effect to this Act, for carrying out or achieving the objects and purposes of this Act, or for the further, better or more convenient implementation of this Act.
(2)
Without prejudice to the generality of subsection (1), rules may be made to provide for—
(a)
matters relating to the issue of stock, application for stock, payment of interest on stock and the repayment of stock when it becomes redeemable;
(b)
procedures and practices relating to the carrying out by any person of any provision of this Act;
Loan (Local) 25
(c)
forms in respect of this Act;
(d)
charges, fees and payments payable to the Bank, and charges, fees and payments payable to a depository institution, in respect of any provision of this Act, and
(e)
matters relating to the carrying out of the transitional provisions contained in section 16 of the Loan (Local)
(Amendment) Act 1990 [Act A748].