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Schemes of financial assistance.
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17.— (1) The Minister may, for the purposes of this Act, as he or she sees fit and in accordance with any regulations made under this section, make schemes of financial assistance to any person.
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(2) The Minister may make regulations for the purposes of this section and, without prejudice to the generality of the foregoing, regulations under this section may provide for—
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(a) the objective or purpose of a scheme,
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(b) the appointment of an administrator of a scheme,
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(c) the specification of the amounts of financial assistance,
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(d) the methods of determining financial assistance,
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(e) the monitoring, reporting and accounting arrangements,
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(f) application procedures,
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(g) eligibility criteria,
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(h) compliance with relevant taxation requirements,
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(i) general administrative procedures,
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(j) the recovery of payments of financial assistance, or
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(k) any consequential or ancillary matters necessary for the proper functioning of a scheme.
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(3) The Minister may make a scheme amending or revoking a scheme under this section.
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