Australian Capital Territory Numbered Acts

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FINANCIAL INSTITUTIONS (SUPERVISORY AUTHORITY) ACT 1992 (NO. 29 OF 1992) - SECT 8

Delegations

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.



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