Economic Regulator Act 2009
16FValidation of proceedings, &c.
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16F Validation of proceedings, &c.
[Section 16F Inserted by No. 13 of 2015, s. 10, Applied:01 Jul 2015]
(1) No act or proceeding of the Regulator, the Acting Regulator or an Assistant Regulator or any person acting under the direction of the Regulator is invalidated or prejudiced by reason only of the fact that, at the time when the act or proceeding was done, taken or commenced, there was a vacancy in the office of Regulator.
(2) All acts and proceedings of the Regulator, the Acting Regulator or an Assistant Regulator or of a person acting under a direction of the Regulator are, despite the subsequent discovery of a defect in the appointment of the Regulator, the Acting Regulator or the Assistant Regulator, as valid as if the Regulator, the Acting Regulator or the Assistant Regulator had been duly appointed and was qualified to act as, or was capable of being, the Regulator, the Acting Regulator or an Assistant Regulator.