Section 12: Regulations.

The Board may, with the approval of the Minister, make such regulations as may be necessary for giving effect to the provisions of this Act; and in particular, without prejudice to the generality of the foregoing, it may make regulations-(a) governing the granting of loans, advances and the making of deposits;
(b) regulating the relationship between the Bank and other financial institutions;
(c) for prescribing 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) prescribing forms of applications, 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) determining and prescribing the provisions as to securities that may be required for loans, and such collaterals which shall be made available as securities for loans granted; and
(f) prescribing such other matters as may be incidental or supplemental to the functions of the Bank under this Act.