234 Statutory Instruments 15th June, 2012 (b) has a sound balance sheet in line with the minimum standards determined by the Bank of Zambia; (c) offers extensive products that include institutional banking, micro and small business enterprise banking services, trade finance and project finance; (d) has in place a treasury section with an asset and liability committee; (e) has in place a well performing credit and portfolio management section; and (f)has in place underwriting standards for credit business that cover key sectors of the economy. (3) The Authority shall advance moneys deposited in the Fund account to a manager, in accordance with these Regulations, for onward disbursement to eligible universal service providers. Qualification for administration of Fund account 16. A manager shall qualify to administer and manage a Fund account if that manager— (a) demonstrates the ability to administer and manage a fund; (b) is not an undischarged bankrupt; (c) holds an account with, or has other financial arrangements with, commercial banks that deal with fund disbursements; (d) demonstrates experience in managing a diverse loan portfolio and credit appraisal; (e) demonstrates experience in asset management; and (f)demonstrates experience in the raising of capital. Administration and management of Fund account 17. (1) A manager shall, for purposes of administering and managing a Fund account, enter into an agreement with the Authority in which the manager agrees to— (a) maintain a call account, in the name of the Authority, in which the balance shall represent funds awaiting disbursement to various universal access providers eligible to receive disbursement in accordance with the Act and these Regulations; (b) make monthly payments of interest on the call account at an agreed rate per annum; (c) provide cash payments to the universal access providers specified under paragraph (a), as the Authority may direct;