Power of Government to make rules.

(1) The Government may make rules consistent with this Act as to- (i) the nature of the funds on the security of which money may be borrowed ; (ii) the works for which money may be borrowed; (iii) the manner of makin^ applications for permission to borrow money; (iv) the inquiries to be made in relation to such loans, and thc manner of conducting such enquiries ; (v) the cases and the forms in which particulars of applications and proceedings, and orders thereon shall be published ; (vi) the cases in which the Government may make loans ; Ivii) the cases in which a local authority may take loans from persons other than the Government ; (viii) the manner of recording and enforcing the conditions on which money is to be borrowed ; (ix) the manner and time of making or raising loans ; (x) the inspection of any works carried out by means of loans ; (xi) the instalments, if any, by which loans shall be repaid, the interest to be charged on loans, and the manner and time of repaying loans and of paying the interest thereon ; (xii) the sum to be charged against the funds which are to form the security for the loan as costs in effecting the loans : (xiii) the attachment of such funds, and the manner of disposing of or collecting them ; (xiv) the accounts to be kept in respect of loans ; (XV) the utilisation of unexpenaed balance o 1 loans either in the reduction in any way of the debt of the local authority, or in carrying out any works which that authority is legally authorised to carry out ; and the sanction necessary to such utilisation : and as to all other matters incidental to carrying this Act into effect. (2) All rules made under this A d shall be published in the Government Gazette and on such publication shall have effect as if enacted in this Act.