reg 36

Delegations

In force

(1)

For the purposes of section 15B(2)(e) of the Act, the

Minister may delegate any of the Minister's functions—

(a)

to a scheme entity; or

(b)

to another specified body or person (including a person for the time being holding or acting in a specified office or position).

(2)

A delegation under this regulation—

(a)

may be absolute or conditional; and

(b)

does not derogate from the power of the Minister to act in any particular matter; and

(c)

is revocable at will by the Minister.

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