CTHRepealedAct
Australian Securities and Investments Commission Act 1989
119ADelegation by members
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#### 119A Delegation by members
(1) A member may, in writing, delegate to a person all or any of his or her functions and powers.
(2) A member must not, without the Minister’s approval, delegate a function or power to a person other than:
(a) a staff member; or
(b) a person who, by virtue of the regulations, is a prescribed person in relation to the delegation.
(3) In the performance of a function, or the exercise of a power, delegated under this section, the delegate is subject to the member’s directions.