Rule making power enables central government to prescribe service conditions, procedural, reporting and appellate procedures under the securities regime. The Central Government is empowered to make rules to implement the Act, including prescribing terms of office and conditions of service for the Chairman and members, specifying additional functions of the Board, governing the manner of maintaining Board accounts, setting form and manner of returns and reports to the Central Government, and prescribing procedural and personnel rules for the Securities Appellate Tribunal such as inquiries, salaries and conditions, investigation procedure, and form and fees for appeals.