Cap. 630 Art. 14Other functions of the Regulator.

(1) The Regulator shall seek to encourage an environment where the credibility and good reputation of the social enterprise sector is continually enhanced through high standards of operation of social enterprise organisations and their administrators, of transparency and public awareness and of proper accountability.

(2) The Regulator shall promote and facilitate the development of the social enterprise sector by complying with the obligations imposed and conferred on him by this Act and any regulations made thereunder including:

(a) providing assistance with regard to any matter relating to social enterprise organisations; and

(b) promoting and publicising any measures meant to support the social enterprise sector.

(3) The Regulator, in order to better implement and safeguard the principles of this Act, may issue binding guidelines regarding:

(a) the social enterprise sector in general and social enterprise organisations and their activities and the requirements, benefits and responsibilities deriving from registration in terms of this Act;

(b) when a social purpose may be considered to benefit the community or a section of the community;

(c) persons involved in social enterprise organisations, including -

(i) their remuneration, in so far as they act as administrators;

(ii) their employment or engagement and the remuneration payable to them; and

(iii) the supply of goods or services by them under a contract of engagement to the social enterprise organisation, including by volunteers, and this, for the better performance of their role and for the better achievement of the objectives of the social enterprise organisation in which they serve;

(d) the provision of loans or other financial assistance with or to a social enterprise organisation;

(e) the sale of goods and services to a social enterprise organisation; and

(f) the relevant market rates or margins applicable to social enterprise organisations.

(4) The Regulator may request any information from any Government entity, public authority or department in order to fulfil his duties and such entities shall co-operate with the Regulator as required in the performance of his functions under this Act, and this, in accordance with any special law which may be applicable:

Provided that information obtained under this article shall only be used to the extent and only for the purposes required for the implementation of the provisions of this Act and the avoidance of any abuse and shall be kept confidential by the Regulator under the same duty of confidentiality binding the other entity providing the information.