Land and Agricultural Development Bank Act, 2002 (Act No. 15 of 2002)Part V : Administrative and Transitional Matters49. Regulations |
| (a) | any matter that must or may be prescribed in terms of this Act; |
| (b) | the duties and accountability of members of the Board; |
| (c) | offences relating to anything that must or may be done or is prohibited in terms of any regulation made under this section; |
| (d) | any matter which it is necessary to prescribe for the effective implementation of this Act. |
| (2) | The Minister may in terms of subsection (1) prescribe a penalty in respect of an offence contemplated in subsection (1)(c), of a fine or imprisonment for a period not exceeding 12 months. |
| (3) | A regulation made in terms of subsection (1) may differentiate between different groups, categories or classes of persons if that differentiation is not prohibited by the Constitution. |