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COMMONWEALTH AUTHORITIES AND COMPANIES ACT 1997 - SECT 48B

Delegation by Minister

             (1)  A Minister may, by written instrument, delegate any of the Minister's powers or functions under the following provisions of this Act to a Secretary of a Department within the meaning of the Public Service Act 1999 :

                     (a)  section 14 (Estimates);

                     (b)  paragraphs 16(1)(b) and (c) (Keeping responsible Minister and Finance Minister informed);

                     (c)  subsection 16(2) (Keeping responsible Minister and Finance Minister informed);

                     (d)  paragraph 18(3)(d) (Banking and investment (authorities other than GBEs and SMAs));

                     (e)  section 39 (Estimates);

                      (f)  paragraphs 41(1)(b) and (c) (Keeping responsible Minister and Finance Minister informed);

                     (g)  subsection 41(2) (Keeping responsible Minister and Finance Minister informed).

             (2)  In exercising powers or functions under a delegation, the Secretary must comply with the Minister's directions.



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