77Delegation of functions

#### 77 Delegation of functions 77 Delegation of functions > > (1) STC may delegate to an authorised person any of its functions, other than this power of delegation. > > > (2) STC may also delegate any of its functions relating to the STC schemes— > > > > > (a) to a natural person with whom STC has entered into a contract or an arrangement under this Act, or > > > > > (b) to the chief executive or Board of any organisation with which STC has entered into such a contract or an arrangement. > > > (3) STC may not delegate any of its principal functions as trustee under this section, other than the STC dispute function. > > > (3A) STC may, in respect of a dispute, a class of disputes or all disputes under the Acts under which the STC schemes are established or constituted, delegate the STC dispute function to a committee that is comprised of or includes members of the STC Board. > > > (4) In this section, authorised person means a member of the STC Board, the chief executive of STC or a committee that is comprised of or includes members of the Board. > > > (5) Section 64 (7) of the [Trustee Act 1925](/view/html/inforce/current/act-1925-014) applies to STC and to a delegate under this section. > > **s 77:** Am 2005 No 52, Sch 7 \[16\] \[17\].