40
CurrentFinance Minister may delegate powers
Part 2Supplementary powers to make commitments to spend money and be involved in companies etc.
40 Finance Minister may delegate powers
(1)
The Finance Minister may, by written instrument, delegate to an accountable authority of a non‑corporate Commonwealth entity the Finance Minister’s powers or functions under section 39B.
(2)
In exercising powers or functions under a delegation, the delegate must comply with any directions of the Finance Minister.
This Act’s bill:Explanatory memorandumSecond reading speech
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