Corporations Legislation Amendment (Derivative Transactions) Act 2012 (178 of 2012)

Schedule 1   Amendments

Part 2   Amendment of other Acts

Mutual Assistance in Business Regulation Act 1992

54   At the end of section 22

Add:

(2) The Minister may, by signed instrument, delegate any of his or her powers or functions under this Act to:

(a) a member (or a member of the board)of a Commonwealth regulator; or

(b) a member of the staff of a Commonwealth regulator who:

(i) is an SES employee, or acting SES employee; or

(ii) is an APS employee who holds, or is acting in, an Executive Level 2 position; or

(iii) holds, or is acting in, an office or position that is equivalent to an SES employee, or an Executive Level 2.