CORPORATIONS ACT 2001
(a) a committee of directors; or
(b) a director; or
(c) an employee of the company; or
(d) any other person.
Note: The delegation must be recorded in the company's minute book (see section 251A ).198D(2) [ Exercise of powers]
The delegate must exercise the powers delegated in accordance with any directions of the directors.198D(3) [ Effect of exercise of powers]
The exercise of the power by the delegate is as effective as if the directors had exercised it.