Section 28: Regulations.

The Board may, with the approval of the Minister, make regulations-(a) for the granting of loans, advances and for the making of the deposits;
(b) setting out the relationship between the Bank and other banks;
(c) specifying the terms, conditions, rates of interest, fees and administrative charges in respect of advances, credits, guarantees and any other transaction which the Bank may undertake, from time to time;
(d) specifying the securities that may be required for loans to be granted by the Bank;
(e) for any other matter that may be incidental or supplemental to the functions of the Bank under this Act; and
(f) generally for giving full effect to the provisions of this Act.