Western Australian Consolidated Acts (1) Subject to the
approval of the Treasurer, the Commission may acquire, hold and dispose of
real and personal property, borrow moneys, and give security for financial
accommodation.
(2) The Treasurer may
delegate his power of approval under subsection (1) to the Under
Treasurer of the State or to any other officer of the Treasury, and that
approval may then be given by the delegate in general terms as regards
particular types of transaction authorised by the instrument of delegation.