Power to make rules
33. (1) The Government may, by notification in the official Gazette, make rules for carrying out the purpose of this Ordinance.
(2) In particular and without prejudice to the generality of the foregoing power, such rules may provide for-
(a) the duties and powers of the Managing Director;
(b) the manner, conditions and terms of issue and redemption of bonds and debentures;
(c) the conditions subject to which advances, loans and credit may be granted to-
(i) a Director;
(ii) a member of the Technical Advisory Committee;
(iii) an employee of the Bank;
(iv) a relative of any person mentioned in the above sub-clauses;
(v) an individual or a co-operative society or any other body corporate with whom or which any of the persons mentioned in this clause is connected as partner, director, manager, employee or otherwise.