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AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY ACT 1998No. 50, 1998 - SECT 15
Delegation of APRA's functions or powers by CEO
(1) The CEO may, by written instrument, delegate any of APRA's functions or
powers under this Act or any other law of the Commonwealth to a Board member
or an APRA staff member if a Board resolution allows the delegation.
(2) The CEO may, by written instrument, delegate any of APRA's functions or
powers under this Act or any other law of the Commonwealth:
(a) to the
Chairperson of ASIC, or to an ASIC staff member, if:
(b) to the
Governor of the Reserve Bank, or to an officer of the Reserve Bank
Service, if:
(3) In performing or exercising functions or powers under a delegation, the
delegate must comply with any directions of the CEO.
Note: For information
about delegations, see sections 34AA to 34A of the Acts Interpretation Act
1901 .
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