Power to make rules

(1) The Minister may make rules for the management and regulation of the Savings Bank. rules. (2) In particular and without prejudice to the generality of the foregoing powers, such rules may, (a) prescribe 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 8 (e) regulate deposits by infants, guardians, trustees, friendly societies and other charitable bodies; (f) prescribe conditions for the withdrawal of moneys by infants, guardians, trustees, friendly societies, and other charitable bodies; (g) prescribe the modes of dealing with the deposits of deceased persons or persons of unsound mind; (h) prescribe penalties not exceeding a fine of five hundred dollars for the breach of any such rule; (i) provide for the forfeiture of deposits made in wilful contravention of this Act and the manner of dealing with any deposit so forfeited; and (j) authorize the Accountant General to enter into an arrangement with the Post Office Savings Bank of the United Kingdom or with any Government Savings Bank in the Commonwealth or any foreign country, for the transfer of any sums standing to the credit of depositors from such Savings Banks to the Belize Savings Bank and vice versa, and prescribe conditions for such transfers.