| (1) | The Minister must make the regulations required by the Act. |
| (2) | The Minister may, on his or her own initiative or at the request of the shareholders or the board, make the regulations permitted by the Act and regulations regarding— |
| (a) | the election of directors; |
| (b) | the conditions of appointment of directors and the circumstances in which a director shall vacate the office of director; |
| (c) | meetings of the board and the procedure thereat, including the minutes to be kept of such meetings; |
| (d) | the taking of decisions by shareholders and directors without holding a meeting; |
| (e) | the meetings of shareholders, the matters to be dealt with and the procedures to be followed thereat, including the minutes to be kept thereof; |
| (f) | the annual submission of a balance sheet and accounts to a meeting of shareholders; |
| (g) | the appointment of officers of the Bank; |
| (h) | [Section 17(2)(h) deleted by section 7 of Act No. 41 of 2014] |
| (hA) | the use of callable capital of the Bank to calculate its leverage ratio; and |
| (i) | any ancillary or incidental administrative or procedural matter that is necessary to prescribe for the proper implementation or administration of this Act. |
[Section 17 amended by section 7 of Act No. 41 of 2014]
