Regulations

(1) The Board may, with the approval of the Minister, make such regulations as it may consider necessary or expedient for the better carrying out of the provisions of this act. (2) Without prejudice of the generality of subsection (1) above, such regulations may provide for all or any of the following, (a) designation of severely affected areas or groups of persons deserving assistance from 18 (b) maximum amounts which may be disbursed from the Fund for any type of project or activity ;and (c) the form of community equity participation in development projects financed by the Funds.