120Power of Minister to exempt corporation from obtaining Ministerial approval or confirmation

### 120 Power of Minister to exempt corporation from obtaining Ministerial approval or confirmation > > (1)  Where a corporation may exercise any of its powers or perform any of its functions under a provision of this Act only with the approval of, or subject to confirmation by, a Minister, that Minister may, on application by the corporation, make a written order exempting it, either generally or in any particular case, from obtaining his approval or confirmation under that provision. > > > (2)  An order by a Minister under this section may be subject to the observance by the relevant corporation of such conditions as the Minister determines and as are specified in the order. > > > (3)  [*\[Section 120 Subsection (3) omitted by No. 89 of 2001, s. 14, Applied:01 Jun 2002\]*](/view/html/inforce/2002-06-01/act-2001-089#GS14@EN) .  .  .  .  .  .  .  .