Document ID: chunk:federal_register_of_legislation:C2012C00868:clause:5_47
Version: federal_register_of_legislation:C2012C00868
Segment Type: clause
Provision Reference: sch 5 cl 47
Character Range: 570229–570892

47  Subsection 26(1)
Repeal the subsection, substitute:

 (1) The Commission may, by resolution, delegate:
 (a) any of its functions and powers under or in relation to Parts VI and XI and the Australian Consumer Law; and
 (b) any of its powers under Part XII that relate to those Parts or the Australian Consumer Law;
to a staff member of the Australian Securities and Investments Commission within the meaning of section 5 of the Australian Securities and Investments Commission Act 2001.

Note: The heading to section 26 is altered by omitting "in relation to unconscionable conduct and consumer protection" and substituting "of certain functions and powers".