Cap. 167 ст. 13Power to make regulations.

(1) The Minister responsible for finance may make regulations for the management and regulation of the Savings Bank and without prejudice to the generality of the foregoing such regulations, may -

(a) prescribe the kinds of deposits which may be made and limits of deposits;

(b) prescribe the modes of making deposits;

(c) prescribe the modes of withdrawing deposits and interest;

(d) prescribe the times at which deposit books shall be returned to the Savings Bank by depositors;

(e) authorize the Accountant General to enter into an arrangement with the Post Office Savings Bank of the United Kingdom of Great Britain and Northern Ireland or with the Government Savings Bank of any British Dominion, Colony, Protected State or Protectorate or any territory administered by the Government of any part of the British dominions under the trusteeship system of the United Nations, or any foreign country, for the transfer of any sums standing to the credit of depositors from such Savings Banks to the Malta Government Savings Bank, and vice versa, and prescribe conditions for such transfers;

(f) provide for any such matters as are authorized by this Ordinance to be prescribed;

(g) prescribe penalties not exceeding one hundred liri for the breach of any such regulation.

(2) All regulations made under this Ordinance shall be published in the Government Gazette and shall come into operation on such publication or at such later date as may be named in such regulations.