Clause 16

The Minister may, after consultation with the Bank, give such general directions, not inconsistent with the provisions of this Act, as to the policy to be followed by the Bank in the exericse and performance of its powers, functions and duties under this Act as appear to the Minister to be necessary and the Bank shall, as soon as possible, give effect to any such direction.

The Bank shall furnish the Minister with information with respect to its properties and activities in such manner and at such times as he may require.