Section 22: Regulations

The Board may make regulations with respect to any of the following matters, that is-(a) the granting of loans, advances and the making of deposits;
(b) with approval of the Minister and subject to the Mortgage Institutions Act, the relationship between the Bank and the mortgage institutions;
[Cap. M19.]
(c) the terms, conditions, rates of interest, fees or administrative charges in respect of advances, credits, guarantees and any other transaction which the Bank may undertake from time to time;
(d) the form of application, agreements and other materials necessary for the control of the grant of advances, credits, guarantees and other transactions which the Bank may undertake from time to time;
(e) the securities that may be required for loans to be granted by the Bank; and
(f) any other matter that may be incidental or supplemental to the functions of the Mortgage Bank under this Act.