Public Governance, Performance and Accountability (Consequential and Transitional Provisions) Act 2014 (62 of 2014)

Schedule 8   Amendments of Acts starting with B to E

Banking Act 1959

2   Subsection 69(11B)

Repeal the subsection, substitute:

(11B) The Treasurer may, by instrument in writing, delegate any of his or her functions or powers under this section to:

(a) a corporate Commonwealth entity for which the Treasurer is the responsible Minister; or

(b) a member, or staff member, of such an entity.