Australian Prudential Regulation Authority Act 1998

PART 4 - APRA STAFF MEMBERS  

SECTION 48AA   DELEGATION BY CHAIR  

48AA(1)   [ Delegation of functions or powers]  

The Chair may, in writing, delegate any functions or powers conferred on the Chair by this Part or Part 4A to an APRA member (other than the Chair) or to an APRA staff member.

48AA(2)   [ Compliance with directions from Chair]  

In performing or exercising functions or powers delegated under subsection (1), the delegate must comply with any directions given by the Chair.

Note:

For information about delegations, see sections 34AA to 34A of the Acts Interpretation Act 1901 .




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