56Association may delegate functions to managing agent

#### 56 Association may delegate functions to managing agent 56 Association may delegate functions to managing agent > > (1) An association may, by the instrument appointing a managing agent or some other instrument, delegate to the managing agent— > > > > > (a) all of its functions, or > > > > > (b) any 1 or more of its functions specified in the instrument, or > > > > > (c) all of its functions except those specified in the instrument. > > > (2) An association must not delegate to a managing agent its power to make— > > > > > (a) a delegation under this section, or > > > > > (b) a decision on a matter that is required to be decided by the association, or > > > > > (c) a determination relating to the levying or payment of contributions. > > > (3) A delegation may be made subject to the conditions or limitations as to the exercise of all or any of the functions, or as to time or circumstances, that may be specified in the instrument of delegation. > > > (4) An association may delegate the functions only if authorised to do so by a resolution at a general meeting. > > > (5) An association may, if authorised to do so by a resolution at a general meeting, revoke or vary a delegation under this section.