Delegations
13 Delegations
A delegation effected by the SAS Board of a function related to the STC schemes or STC funds, and in force immediately before the repeal of the 1991 Act, is taken to have been effected under this Act by STC (but only if STC could have lawfully made the delegation under this Act).
A delegation effected by the SAS Board of a function related to the FTC schemes or FTC funds, and in force immediately before the repeal of the 1991 Act, is taken to have been effected under this Act by FTC (but only if FTC could have lawfully made the delegation under this Act).
A delegation effected by the PSES Board of a function related to the Public Sector Executives Superannuation Scheme established under the Public Sector Executives Superannuation Act 1989, and in force immediately before the repeal of Part 2 of the Public Sector Executives Superannuation Act 1989, is taken to have been effected under this Act by FTC (but only if FTC could have lawfully made the delegation under this Act).
A delegation continued by this clause may be revoked or amended in the same way as any delegation made under this Act.
This Act’s bill:Explanatory memorandumSecond reading speech
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