(1) Subject to subsection (2), the Board may:
(a) develop guidelines for the provision of financial assistance under this Act; and
(b) vary or revoke such guidelines.
(2) The Board must develop guidelines for a grant program if, under the program, the total of all grants for a particular project could exceed $15 million.
(3) Guidelines, or a variation or revocation of guidelines, must be in writing.
(4) Unless section 25 applies, guidelines, or a variation or revocation of guidelines, come into force at the commencement time specified in the instrument making, varying or revoking the guidelines (not being a time before the instrument is made).
(5) None of the following are legislative instruments:
(a) guidelines;
(b) a variation or revocation of guidelines.