Trade Practices Amendment (Australian Consumer Law) Act (No. 1) 2010 (44 of 2010)
Schedule 3 Amendment of corporations legislation
Part 9 Miscellaneous
Australian Securities and Investments Commission Act 2001
57 After subsection 102(2B)
Insert:
(2C) ASIC must not delegate a function or power under section 12GLC, or under Subdivision GB or GC of Division 2 of Part 2, to a person other than:
(a) a member of ASIC; or
(b) a member of staff who is an SES employee or an acting SES employee.