Cash Distribution Framework Act 2026
197Delegation—Reserve Bank
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197 Delegation—Reserve Bank
(1) The Reserve Bank may, in writing, delegate all or any of its functions or powers under this Act, the rules, the notification rules or any other legislative instrument made under this Act to:
(a) the Governor of the Reserve Bank; or
(b) the Deputy Governor of the Reserve Bank; or
(c) an Assistant Governor of the Reserve Bank; or
(d) a Department Head of the Reserve Bank.
Note: Sections 34AA to 34A of the Acts Interpretation Act 1901 contain provisions relating to delegations.
(2) The functions or powers that may be delegated under subsection (1) include functions or powers the Reserve Bank has as a relevant chief executive, an authorised applicant, an authorised person or an infringement officer for the purposes of a provision of the Regulatory Powers Act because of this Act.
(3) In performing a delegated function or exercising a delegated power, the delegate must comply with any written directions of the Reserve Bank.