Section 12. Power to make rules

12. Power to make rules.— (1) The Central Government may, by notification in the Official Gazette, make rules for carrying out the purposes of this Act. (2) In particular and without prejudice to the generality of the foregoing powers, such rules may — provide for all or any of the following matters, namely: (a) specify[1] [the type of projects] in respect of which the funds may be disbursed under section 7; (b) the manner in which the accounts shall be maintained and the annual statement of accounts may be prepared including the profit and loss account and the balance-sheet under sub-section (1) of section 8; 2* * * * *[3] *; (d) any other matter for which rule is to be made, or may be, prescribed.