Register of Foreign Ownership of Agricultural Land Amendment (Water) Act 2016 (96 of 2016)

Schedule 1   Amendments

Part 2   Other amendments

Foreign Acquisitions and Takeovers Act 1975

38   After subsection 100(4)

Insert:

(4A) The Secretary may, in writing, delegate to an SES employee, or acting SES employee, in the Department the Secretary's powers and functions under Part 5 of the Regulatory Powers Act as the relevant chief executive in relation to the provisions mentioned in subsection (1).

(4B) The Commissioner of Taxation may, in writing, delegate to an SES employee, or acting SES employee, in the Australian Taxation Office the Commissioner's powers and functions under Part 5 of the Regulatory Powers Act as the relevant chief executive in relation to the provisions mentioned in subsection (1).

(4C) In exercising powers or performing functions delegated under subsection (4A) or (4B), a delegate must comply with any directions of the delegator.