Document ID: chunk:federal_register_of_legislation:C2022C00075:section:23
Version: federal_register_of_legislation:C2022C00075
Segment Type: section
Provision Reference: s 23
Character Range: 39632–40401

23  Delegation by Corporation
 (1) The Corporation may, either generally or as otherwise provided by the instrument of delegation, by writing under its seal, delegate to a Director or to an employee of the Corporation all or any of its powers under this Act, the regulations or the rules, other than this power of delegation.
 (2) A power so delegated, when exercised by the delegate, shall, for the purposes of this Act, the regulations or the rules, be deemed to have been exercised by the Corporation.
 (3) A delegation of a power under this section does not prevent the exercise of the power by the Corporation.
 (4) A reference in this section to a Director shall, if a person is acting as a Director, be construed as including a reference to a person so acting.