Authorised entity may give approvals
50 Authorised entity may give approvals
The chief executive may authorise an entity to give approvals under section 46 or 49.
In giving an authorisation under subsection (1), the chief executive may impose on the authorisation any condition the chief executive considers appropriate for the giving of approvals by the entity.
In giving an approval, the entity must—
comply with a condition imposed under subsection (2); and
comply with the relevant requirements of part 6 of the ADG Code about the giving of the approval; and
give the chief executive all of the information mentioned in section 173(b) about the approval.
If an entity is authorised to give approvals under this section—
sections 45, 46 and 49 apply as if a reference in the sections to the chief executive were a reference to the entity; and
part 17, division 1, to the extent it deals with approvals, applies as if a reference in the division to the chief executive were a reference to the entity.
An approval given by an entity under this section—
is taken to be an approval given by the chief executive; and
may be amended, suspended or cancelled by the chief executive under the Act.
Note—
See chapter 14, part 3 of the Act.
The chief executive may withdraw an authorisation given under this section at any time.
The withdrawal of an authorisation under subsection (6) does not affect an approval given by the entity before the withdrawal took effect.
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