s 337
In forceMinister may delegate prescribed functions and powers under this Act
Volume 1Chapters 1 to 6 (sections 1 to 322)
Chapter 5Administration
Part 5-1Registers relating to credit activities
Division 1Introduction
337 Minister may delegate prescribed functions and powers under this Act
(1)
The Minister may, by signed instrument, delegate to:
(a)
an ASIC member; or
(b)
an ASIC staff member;
such of the Minister’s functions and powers under this Act as are prescribed.
(1A)
However, the Minister must not delegate the Minister’s powers under section 301H, 301J, 301K or 301M (which deal with product intervention orders) to a person other than ASIC.
(2)
In performing functions or exercising powers under a delegation, the delegate must comply with any directions of the Minister.
Research tools for this sectionCounsel
The statute text is free to read above. View Counsel plans to unlock the case-law research tools for each provision.