Clause 21

The Minister may make such regulations as are necessary or expedient for the purpose of carrying out the provisions of this Act.(2) Without prejudice to the generality of subsection (1), such regulations may —

provide for the establishment of scholarships and other awards out of the income of the Endowment Fund and for all matters connected therewith, including the persons eligible to apply for each type of scholarship or award, and the amount of each type of scholarship or award;

prescribe the amount which may be withdrawn, and the manner in which withdrawals may be made, by members of the Edusave Pupils Fund or their parents;

provide for such information, evidence and documents as the Board may require from members of the Edusave Pupils Fund or their parents who have applied for or utilised such withdrawals;

provide for the circumstances in which a refund of any sum withdrawn from the Edusave Pupils Fund shall be made or may be required by the Board to be made, and for the person by whom and the manner in which the refund is to be made;

provide for the disposal of amounts in the Edusave Pupils Fund which are unclaimed or unpaid, or which otherwise remain in that Fund;

prescribe the procedure of the Council;

prescribe the amount which may be withdrawn, and the manner in which withdrawals may be made, by members of the PSE Fund or their parents;

provide for such information, evidence and documents as the PSE Scheme Administrator may require from members of the PSE Fund or their parents who have applied for or utilised such withdrawals;

provide for the circumstances in which a refund of any sum withdrawn from the PSE Fund shall be made or may be required by the PSE Scheme Administrator to be made, and for the person by whom and the manner in which the refund is to be made;

provide for the disposal of amounts in the PSE Fund which are unclaimed or unpaid, or which otherwise remain in that Fund; and

prescribe anything which may be prescribed.”.