Document ID: chunk:federal_register_of_legislation:C2016C01009:section:50a
Version: federal_register_of_legislation:C2016C01009
Segment Type: section
Provision Reference: s 50A
Character Range: 27686–28458

50A  Delegation of powers by Finance Minister
 (1) The Finance Minister may, by written instrument, delegate to an official (within the meaning of the Public Governance, Performance and Accountability Act 2013) of a non‑corporate Commonwealth entity (within the meaning of that Act) the power:
 (a) to approve the provision of guarantees as mentioned in paragraph 10(2)(hb); or
 (b) to approve the borrowing of money on terms and conditions specified in, or consistent with, the approval as mentioned in subsection 42B(1); or
 (c) to enter into contracts as mentioned in subsection 42C(1); or
 (d) to make determinations as mentioned in subsection 42C(2).
 (2) In exercising power under a delegation, the official must comply with any directions of the Finance Minister.