Section 22: Regulations

22. Regulations (1) The Minister may— (a) make such regulations as he thinks fit for the purposes of this Act; and (b) by regulations, amend the First and Second Schedules. (2) Regulations made under this section may provide— (a) for the procedures to be followed for the sale of mortgaged property by way of sealed offers and the recovery of costs in relation thereto; (b) for the payment of fees and the levying of charges; and (c) that any person who contravenes them shall commit an offence and shall, on conviction, be liable to a fine not exceeding 25,000 rupees.