Australian Prudential Regulation Authority Act 1998

PART 4 - APRA STAFF MEMBERS  

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History

Part 4 heading substituted by No 42 of 2003, s 3 and Sch 1 item 21, effective 1 July 2003. FOr transitional provisions, see the history note under the heading to Part 3. Heading to Part 4 formerly read ``The CEO and APRA staff members''.

Division 1 repealed by No 42 of 2003, s 3 and Sch 1 item 22, effective 1 July 2003. For transitional provisions, see the history under the heading to Part 3.

SECTION 48AA   DELEGATION BY CHAIR  

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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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History

S 48AA inserted by No 74 of 2007, Sch1, Pt 3 item 58, effective 1 July 2007.

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