8. (1) The Registrar may, by instrument, delegate any or all of the powers of the office—
(a) to a public servant;
(b) to the holder of an office established by or under an Act; or
(c) with the written approval of the Minister—to a foreign State supervisory authority.
(2) The Registrar shall not delegate a power under section 95 of the Financial Institutions (ACT) Code.
(3) Where a foreign State supervisory authority delegates a power to the Registrar, the Registrar may exercise that power in accordance with the instrument of delegation.