(1) The Under
Treasurer may delegate to a Treasury Corporation official any power of the
Treasurer under section 37 delegated to the Under Treasurer under
section 74(2).
(2) The Under
Treasurer may authorise an officer of the Treasury to exercise or perform any
power or duty —
(a)
delegated to the Under Treasurer under section 74(2); or
(b)
conferred on the Under Treasurer by the Treasurer’s instructions.