Regulation under this Chapter.

This Board may, subject to the approval of the Trustee, make regulations not inconsistent with the provisions of this Chapter :—

1. (i) for fixing the period of debentures and the rate of interest payable thereon ;
2. (ii) for calling in debentures in advance of the date fixed for redemption after giving notices to the holders thereof ;
3. (iii) for the issue of new debentures in place of debentures as damaged or destroyed and fixing the fee for such issues ; and
4. (iv) for converting one class of debentures into another class bearing a different rate of interest.