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CORPORATIONS ACT 2001

CHAPTER 9 - MISCELLANEOUS  

PART 9.9 - MISCELLANEOUS  

SECTION 1345A  MINISTER MAY DELEGATE PRESCRIBED FUNCTIONS AND POWERS UNDER THIS ACT  

1345A(1)  [Minister may delegate to Department officer]  


The Minister may, by signed instrument, delegate to an officer of the Department such of the Minister's functions and powers under this Act as are prescribed.

1345A(1A)  [Minister may delegate to ASIC member or staff member]  

 View history reference

The Minister may, by signed instrument, delegate the function or power under subsection 147(2) or 601DC(2) to:


(a) a member of ASIC (within the meaning of paragraph (a) of the definition of member in subsection 5(1) of the Australian Securities and Investments Commission Act 2001); or


(b) a staff member of ASIC.

1345A(2)  [Delegate subject to Minister's directions]  


A delegate is, in the performance or exercise of a delegated function or power, subject to the Minister's directions.

 



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