96References to Corporate Affairs Commission

96 References to Corporate Affairs Commission

96 References to Corporate Affairs Commission

(1) In this section—

function includes power, authority or duty.

instrument has the same meaning as in section 13, but does not include this Act, the regulations under this Act, the Companies (Administration) Act 1981 or a prescribed instrument or prescribed part of an instrument.

Managing Director means the Managing Director of Business and Consumer Affairs.

(2) A reference in an instrument to the Corporate Affairs Commission or the Commissioner for Corporate Affairs is to be taken to be a reference to the Managing Director or to such officer or body (whether of this State or not) as is prescribed by regulations under section 80.

(3) Subsection (2) extends to a reference required by section 18 of the Companies (Administration) Act 1981 to be construed as a reference to the Corporate Affairs Commission.

(4) The Managing Director may delegate any of the functions conferred or imposed on the Managing Director because of this section.

(5) Except in so far as the instrument of delegation otherwise provides, a person to whom a function has been delegated under subsection (4) may authorise another person to perform the function so delegated.

(6) Section 80 (5) does not apply to the provisions of regulations made for the purposes of or in connection with this section.