Property Services (Regulation) Act 2011

96.

Regulations that may be made by Minister — general.

96.— (1) The Minister may by regulations provide for any matter referred to in this Act as prescribed under this section.

(2) The Minister shall not prescribe a property service for the purposes of paragraph (p) of section 3(1) unless he or she is satisfied that the property service is of a kind that is so insignificant, or that the property service is the subject of such level of control and supervision outside the provisions of this Act, that disapplying this Act to such property service will not prejudice clients and other users and potential users of such property service.

(3) The Minister shall not prescribe an amount for the purposes of paragraph (b) of the definition of “prescribed amount” in section 77(4) unless the Minister is satisfied, after consultation with the Minister for Public Expenditure and Reform, that it is necessary to do so in order to—

( a) prevent, or prevent the likelihood of, grants or instalments of grants being unduly postponed, or

( b) ensure the financial stability of the Fund in view of the pattern of the grants (if any) which have been made.

(4) The Minister may by regulations make such incidental or consequential provision as the Minister considers necessary or expedient for the purposes of giving this Act full effect.