Commonwealth Consolidated Acts

COMMONWEALTH INSCRIBED STOCK ACT 1911 - SECT 51K

             (1)  The Treasurer may, either generally or as otherwise provided by the instrument of delegation, by writing signed by the Treasurer, delegate to:

                     (a)  a person for the time being holding or performing the duties of a specified office or position in the Australian Public Service; or

                     (b)  a person for the time being holding or performing the duties of a specified office in the Reserve Bank Service;

all or any of the powers of the Treasurer under sections 14 and 29.

             (2)  A power so delegated, when exercised by the delegate, shall, for the purposes of this Act, be deemed to have been exercised by the Treasurer.

             (3)  A delegation under this section does not prevent the exercise of a power by the Treasurer.