10.— (1) The Minister may, with the consent of the Minister for Finance and the Minister for Public Expenditure and Reform and after consultation with the Social Finance Foundation, make a scheme or schemes for the purposes of this Act.

(2) Without prejudice to the generality of subsection (1), a scheme under this section may make provision in relation to all or any of the following matters—

(a) the class or classes of microenterprise to which the scheme shall apply,

(b) the purposes for which moneys loaned by the subsidiary to microenterprises may be applied,

(c) the maximum amount or amounts that the subsidiary may lend to a microenterprise under this Act,

(d) the terms of agreements for the lending of moneys to microenterprises including the variation of such terms,

(e) the preparation and maintenance by microenterprises of records, books of account and such other documentation as may be specified in the scheme,

(f) the giving of documents, information and reports by the subsidiary to the Minister,

(g) the policies and practices of the subsidiary as respects—

(i) the lending of moneys to microenterprises,

(ii) the recovery of moneys loaned in accordance with this Act, and

(iii) the provision by microenterprises of security for moneys borrowed under this Act.

(3) Every scheme under this section shall be laid before each House of the Oireachtas as soon as may be after it is made and, if a resolution annulling the scheme is passed by either such House within the next 21 days on which that House sits after the scheme is laid before it, the scheme shall be annulled accordingly, but without prejudice to the validity of anything previously done thereunder.