The Minister may make regulations—
(a) enabling the Technical and Vocational Education and Training Council to appoint an Executive Director and other members of staff to manage its affairs;
(b) establishing an employment and training fund for the purposes of promoting and supporting training and the upgrading of skills for the labour force;
(c) establishing and regulating the accounting and auditing of any funds received by the Technical and Vocational Education and Training Council;
(d) respecting the criteria and eligibility for receiving grants or loans;
(e) respecting the procedures for the evaluation of proposals for grants or loans;
(f) establishing procedures for monitoring the performance and outcome of training required to satisfy the conditions for award of grants or loans;
(g) respecting the procedures regarding training schemes; and
(h) respecting the supervision of trainees by employers.