sec.39Exercise of power by department or statutory body

### sec.39 Exercise of power by department or statutory body This division applies if a power under this Act may be exercised by a department or a statutory body under a Treasurer’s approval. The department or statutory body may exercise the power only if— an approval under section 40 applies to the department or body; or the exercise of the power is the subject of an approval under section 43 . (sec.39-ssec.1) This division applies if a power under this Act may be exercised by a department or a statutory body under a Treasurer’s approval. (sec.39-ssec.2) The department or statutory body may exercise the power only if— an approval under section 40 applies to the department or body; or the exercise of the power is the subject of an approval under section 43 . - (a) an approval under section 40 applies to the department or body; or - (b) the exercise of the power is the subject of an approval under section 43 .