|

Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .

PART 7.12 - MISCELLANEOUS  

Division 3 - Other matters  

SECTION 1101J   DELEGATION  

1101J(1)    


The Minister may delegate all or any of the Minister ' s powers under this Chapter (other than powers under Part 7.2 , 7.2A , 7.3 , 7.3A , 7.3B , 7.4 , 7.5 or 7.5A ) to:

(a)    ASIC; or

(b)    a member of ASIC (within the meaning of section 9 of the Australian Securities and Investments Commission Act 2001 ); or

(c)    a staff member of ASIC who is a senior staff member (within the meaning given by subsection 5(1) of that Act).


1101J(2)    


However, the Minister must not delegate the Minister ' s powers under section 1023H , 1023J , 1023K or 1023M (which deal with product intervention orders) to a person other than ASIC.