Document ID: chunk:federal_register_of_legislation:C2025C00173:section:92:p2
Version: federal_register_of_legislation:C2025C00173
Segment Type: section
Provision Reference: s 92 (pt 2/2)
Character Range: 119458–120223

not do certain things
 (8) To avoid doubt, prudential standards may not do the following:
 (a) create an offence or civil penalty;
 (b) provide powers of:
 (i) arrest or detention; or
 (ii) entry, search or seizure;
 (c) impose a tax;
 (d) set an amount to be appropriated from the Consolidated Revenue Fund under an appropriation in this Act;
 (e) directly amend the text of this Act.

Delegation of power to make etc. prudential standards
 (9) APRA may, under section 15 of the Australian Prudential Regulation Authority Act 1998, delegate the power to make, vary or revoke prudential standards, but only if the delegation is to:
 (a) an APRA member (within the meaning of that Act); or
 (b) an APRA staff member who is an executive general manager or equivalent.