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 7.5 - COMPENSATION REGIMES FOR FINANCIAL MARKETS  

Division 4 - NGF Compensation regime  

Subdivision D - The SEGC  

SECTION 890B   THE SEGC'S FUNCTIONS AND POWERS  

890B(1)   [ Functions and powers]  

In addition to the legal capacity and powers it has because of section 124 , the SEGC has such functions and powers as are conferred, or expressed to be conferred, on it by or under this Part.

890B(2)   [ Limitation]  

Section 125 does not apply in relation to a function or power conferred, or expressed to be conferred, as mentioned in subsection (1) of this section.

890B(3)   [ Performance of functions and powers]  

The SEGC is to perform the functions, and may exercise the powers, that are conferred on it by or under this Part.

890B(4)   [ Administration of arrangements]  

The SEGC is to administer the arrangements constituted by this Division.