Document ID: chunk:federal_register_of_legislation:C2024C00826:clause:1_337
Version: federal_register_of_legislation:C2024C00826
Segment Type: clause
Provision Reference: sch 1 cl 337
Character Range: 735175–735751

337  Minister may delegate prescribed functions and powers under this Act
 (1) The Minister may, by signed instrument, delegate to:
 (a) an ASIC member; or
 (b) an ASIC staff member;
such of the Minister's functions and powers under this Act as are prescribed.
 (1A) However, the Minister must not delegate the Minister's powers under section 301H, 301J, 301K or 301M (which deal with product intervention orders) to a person other than ASIC.
 (2) In performing functions or exercising powers under a delegation, the delegate must comply with any directions of the Minister.