Document ID: chunk:federal_register_of_legislation:C2004A05165:clause:1_9
Version: federal_register_of_legislation:C2004A05165
Segment Type: clause
Provision Reference: sch 1 cl 9
Character Range: 3948–5128

9  Ministerial directions

 (1) The Minister may, by written notice given to the Board, give directions to the Corporation about the performance of the Corporation's functions or the exercise of the Corporation's powers.

 (2) A direction under subsection (1) may be given for the purposes of winding down the various activities of the Corporation and, in particular, a direction may:
 (a) require the Corporation to:
 (i) cease to perform a specified function; or
 (ii) cease to exercise a specified power; or
 (b) impose restrictions or conditions on:
 (i) the performance by the Corporation of a specified function; or
 (ii) the exercise by the Corporation of a specified power.

Note: For specification by class, see section 46 of the Acts Interpretation Act 1901.

 (3) A direction under subsection (1) may make provision for or in relation to a matter by conferring a power on the Minister.

 (4) Subsections (2) and (3) do not, by implication, limit subsection (1).

 (5) The Corporation must comply with a direction under subsection (1).

 (6) A copy of a direction under subsection (1) is to be published in the Gazette within 14 days after the giving of the direction.