s 85
In forceDelegation
Part VIILloyd’s
Division 4Investigations
Subdivision BInvestigations
85 Delegation
(1)
Powers under this Division may be delegated as follows:
(a)
APRA’s powers may be delegated under section 15 of the Australian Prudential Regulation Authority Act 1998;
(b)
an inspector may, by signed instrument, delegate his or her powers to an APRA member or an APRA staff member.
(2)
A delegate must, on the request of the trustee of a designated security trust fund in relation to which the delegated powers are exercisable or of a person affected by the exercise of those powers, produce the instrument of delegation, or a copy, for inspection.
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