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Rulemaking power enables State and Union territory governments to prescribe regulatory details and enforcement procedures under the Act. State and Union territory governments, in consultation with the Central Government and by notification, may make rules to carry out the Act. Such rules may prescribe ceilings for self help groups, purposes and ceilings under specified clauses, the manner of provisional attachment of property by the Competent Authority, other enforcement or administrative matters under the Act, rules for impounding and custody of records, and any other matters required or permitted to be prescribed.
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<h1>Rulemaking power enables State and Union territory governments to prescribe regulatory details and enforcement procedures under the Act.</h1> State and Union territory governments, in consultation with the Central Government and by notification, may make rules to carry out the Act. Such rules may prescribe ceilings for self help groups, purposes and ceilings under specified clauses, the manner of provisional attachment of property by the Competent Authority, other enforcement or administrative matters under the Act, rules for impounding and custody of records, and any other matters required or permitted to be prescribed.