(1) The Commission shall establish criteria, in accordance with the guidelines for determining the scope and nature of projects that may be eligible for Fund support in any given financial year.
(2) The Commission shall determine which proposed projects shall receive financial support from the Fund in any given financial year.
(3) A determination in accordance with subregulation (2) shall be based upon clear and transparent procedures, which may also include public consultations.
(4) Fund project bidding documents shall not unduly favour any particular bidder.