Commonwealth Consolidated Acts

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FUTURE FUND ACT 2006 - SECT 83B

Delegation by the Board

             (1)  The Board may, by writing, delegate any or all of its powers under:

                     (a)  subsection 28(1) of this Act; or

                     (b)  subsection 45(1) of the Nation-building Funds Act 2008 ; or

                     (c)  subsection 164(1) of the Nation-building Funds Act 2008 ; or

                     (d)  subsection 239(1) of the Nation-building Funds Act 2008 ;

to:

                     (e)  the Chair; or

                      (f)  an SES employee, or acting SES employee, in the Agency.

Note:          The expressions SES employee and acting SES employee are defined in section 2B of the Acts Interpretation Act 1901 .

             (2)  In exercising powers under a delegation, the delegate must comply with any directions of the Board.



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