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s 98F

Administrator may delegate duties, functions and powers

In force
Chapter 3Administration of a scheme
Part 3.5Other rules governing scheme administration
Division 3Administrator of bodies corporate

98F Administrator may delegate duties, functions and powers

(1) An administrator of the body corporate may, in writing, delegate to any person all or any of the duties, functions and powers of the administrator, except this power of delegation.

(2) The delegate must perform or exercise any delegated duty, function or power in accordance with the delegation.

(3) A delegation under this section may be revoked at any time and does not prevent the performance of a duty or function, or the exercise of a power, by the administrator of the corporation.

Chapter

4 Administrative matters

Part

4.1 Supervision of schemes

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