(1) The Minister may, by an affirmative Resolution of Parliament, grant a guarantee in accordance with an enactment.
(2) The Minister shall, by an affirmative Resolution of Parliament, establish and review a ceiling on the aggregate amount of a guarantee given by the Government.
(3) A Resolution of Parliament under subsection (2) must give details of —
(a) the amount guaranteed;
(b) the terms and conditions of the guarantee;
I the person or the legal entity in whose name the guarantee is intended; and
(d) the object and reasons for giving of the guarantee.