Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019 (50 of 2019)

Schedule 2   Amendments relating to product intervention orders

Part 2   Consequential amendments

Australian Securities and Investments Commission Act 2001

17   After subsection 102(2C)

Insert:

(2D) ASIC must not delegate a function or power under:

(a) Part 7.9A of the Corporations Act 2001; or

(b) Part 6-7A of the National Consumer Credit Protection Act 2009;

that has been delegated to it under that Act by the Minister.