(1) | Unless public interest requires a regulation to be issued without delay, the Minister must comply with the following procedure when intending to issue regulations : |
(a) | The intention to issue the regulation must be announced by notice in the Gazette and at least one other means of communication circulated throughout the Republic; |
(b) | the notice must state – |
(i) | that a draft regulation has been developed for comment; |
(ii) | the nature of the draft regulation; |
(iii) | where a copy of the draft regulation may be obtained; and |
(iv) | where comments are to be returned to : |
(c) | a period of at least one month from the date of the announcement must be allowed for interested parties to comment on the regulation; and |
(d) | the comments received and the content of all discussions and consultations must be considered before issuing or amending the regulation. |
(2) Subsection (1) does not apply –
(a) | to any regulation correcting a textual error; or |
(b) | when the Minister withdraws any regulation or notice made or issued under the Unemployment Insurance Act, 1966 (Act No. 30 of 1966), as contemplated in item 2 of Schedule 1. |
(3) | Any regulation affecting State revenue or expenditure may only be issued or amended with the concurrence of the Minister of Finance. |