Section 17: Regulations.

The Board may, with the approval of the President, make regulations as may be necessary for giving effect to the provisions of this Act; and in particular but 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) prescribing the terms, conditions, rates of advances, credits and other transactions 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 any other transactions which the Bank may undertake, from time to time;
(e) prescribing such other matters as may be incidental or supplemental to the functions of the Bank under this Act.