Western Australian Consolidated Acts (1) The Commissioner
may make an arrangement with ASIC about any matter connected with the
administration of this Act.
(2) In particular, an
arrangement may provide —
(a) for
the performance of functions and the exercise of powers conferred by
subsection (3) by ASIC; or
(b) for
the performance of functions or the exercise of powers of the Commissioner
under this Act by staff members of ASIC.
(3) Subject to
subsection (4), ASIC has the functions and powers of the Commissioner
under this Act.
(4) ASIC must not
perform a function or exercise a power conferred by subsection (3) except
in accordance with an arrangement under this section.
[Section 4A inserted by No. 105 of 1990
s. 98; amended by No. 26 of 1999 s. 64; No. 6 of 2012
s. 17.]