When a regulation is approved, amended or repealed by the Financing Board, said regulation, amendment or repeal shall comply with the provisions of §§ 2101 et seq. of Title 3.
The provisions of the regulations approved by virtue of the provisions of § 2008 of this title, shall not be applicable to contracts executed nor to obligations made prior to the effective date of the regulations. Every contract shall be governed by the provisions of the regulations in effect on the date of formalizing the contact, even when said regulation is subsequently amended or repealed.
History —Oct. 11, 1985, No. 4, p. 857, added as § 9B on Oct. 23, 1999, No. 319, § 4.