51. Regulations for purposes of this Part

The Minister may make such regulations as are necessary and expedient for the purpose of carrying out the provisions of this Part and, in particular, such regulations may —

provide for the rate of premium payable by insured persons;

provide for the manner and time of payment of premiums;

prescribe the amount of the insured sum;

provide for the refund of any premium (and the whole or such part, as the Board may determine, of any interest that would have been payable on the amount of the premium if that amount had been standing to an insured person’s credit in the person’s account in the Fund), the manner in which the premium and interest are to be refunded and the circumstances in which the refund is to be made and at such rates as the Minister may prescribe;

provide for the commencement of cover under the Scheme;

prescribe the evidence to be produced and the person, officer or authority to whom that evidence is to be produced for the purposes of this Part;

provide for the manner in which the insured sum must be paid in respect of any insured person under the Scheme;

provide for the cases in which or the circumstances under which the insured sum is not payable in respect of any insured person under the Scheme;

provide for such information, evidence and documents that the Board may require an insured person to furnish for the purposes of this Part; and

prescribe anything which the Minister may prescribe under this Part.