Document ID: chunk:federal_register_of_legislation:C2004A01127:clause:3_8
Version: federal_register_of_legislation:C2004A01127
Segment Type: clause
Provision Reference: sch 3 cl 8
Character Range: 35925–36611

8  Delegations by ASIC to APRA staff members

(1) Subsection 102(2A) of the Australian Securities and Investments Commission Act 2001 has effect after the commencement of the amendments as if the reference in that subsection to the Chief Executive Officer of APRA were instead a reference to APRA.

(2) For the purposes of that subsection as it continues to have effect, an agreement to a delegation, in force under that subsection immediately before the commencement of the amendments, continues to have effect after that commencement as if it were given by APRA.

[Minister's second reading speech made in—
House of Representatives on 5 June 2003
Senate on 18 June 2003]

(89/03)