Commonwealth Consolidated Acts

INSURANCE ACT 1973 - SECT 59

             (1)  Powers under this Part may be delegated as follows:

                     (a)  APRA's powers may be delegated under section 15 of the Australian Prudential Regulation Authority Act 1998 ;

                     (b)  an inspector may by signed instrument delegate his or her powers to:

                              (i)  an APRA member or an APRA staff member; or

                             (ii)  a person included in a class of persons approved in writing by APRA for the purposes of this subparagraph.

             (3)  A delegate shall, on the request of an officer of a body corporate in relation to which the delegated powers are exercisable or of a person affected by the exercise of those powers, produce the instrument of delegation, or a copy of the instrument, for inspection.