law: The Small Industries Development Bank of India Act, 1989 
  52. Power to make
  
  regulations 
  1.     
  
    The
  
  Board may, with the previous approval of the Development Bank, by notification
  
  make regulations not inconsistent with the provisions of this Act to provide
  
  for all matters for with provision is necessary or expedient for the purpose of
  
  giving effect to the provisions of this Act.
  2.     
  
    In
  
  particular, and without prejudice to the generality of the foregoing power,
  
  such regulation may provide for-
  a.     
  
    The
  
  times and places of the meetings of the Board and the procedure to be followed
  
  at such meetings under sub-section (1) of section 11 including quorum necessary
  
  for the transaction of business;
  b.    
  
    The
  
  form and manner in which the balance-sheets and the account of the Small
  
  Industries Development Assistance Fund under sub-section (1) of section 25 and
  
  the Small Industries Bank under sub-section (1) of section 28 shall be
  
  prepared;
  c.     
  
    The
  
  manner in which nominations may be made in terms of sub-section (1) of section
  
  46;
  d.    
  
    Generally
  
  the efficient conduct of the affairs of the Small Industries Bank;
  e.     
  
    Any
  
  other matter which is to be, or may be, prescribed.
  1.     
  
  
  2.     
  
  
  3.     
  
    Every
  
  regulation made this Act shall be laid, as soon as may be after it is made,
  
  before each House of Parliament while it is in session for a total period of
  
  thirty days which may be comprised in one session or in two or more successive
  
  sessions and if, before the expiry of the session immediately following the
  
  session or the successive sessions aforesaid, both Houses agree in making any
  
  modification in the regulation or both Houses agree that the regulation should
  
  not be made, the regulation shall thereafter have effect only in such modified
  
  form or e of no effect, as the case may be; so however, that any such
  
  modification or annulment shall be without prejudice to the validity of
  
  anything previously done under that regulation.