Commonwealth Numbered Acts

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AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY ACT 1998No. 50, 1998 - SECT 20

Delegation by the Board (1) The Board may, by resolution, delegate any of its functions or powers to a Board member or an APRA staff member.

(2) The delegate must comply with any directions of the Board when exercising powers under the delegation.

(3) A delegation under this section:

(4) A certificate signed by the Chair stating any matter in relation to a delegation under this section is prima facie evidence of the matter.

(5) A document that appears to be a certificate under subsection (4) is taken to be such a certificate and to have been properly given, unless the contrary is established.



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