Special Investigating Units and Special Tribunals Act, 1996
R 385
Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)Part XII : General112. Delegation of functions |
| (1) | The Minister may delegate any power conferred upon him or her by this Act to the Director-General: Finance or any other officer in the National Treasury, the Board, an association or the registrar. |
| (2) | An association may— |
| (a) | on such conditions as the association may determine, delegate to the chairperson, executive officer or any other officer or employee of the association any power conferred upon the association by or under this Act, including a power delegated to the association under this Act or; |
| (b) | authorise the chairperson, the executive officer or any other officer or employee of the association to perform any duty assigned to the association by or under this Act. |
| (3) | [Section 112(3) deleted by section 290, item 9(a) in Schedule 4, of Act No. 9 of 2017 - effective 1 April 2018 (paragraph (h) of Notice 169 of 2018)] |
| (4) | Any delegation under subsection (1) or (2)(a) does not prohibit the exercise of the power in question by the Minister, association or Authority, as the case may be. |
Section 112(4) substituted by section 290, item 9(b) in Schedule 4, of Act No. 9 of 2017 - effective 1 April 2018 (paragraph (h) of Notice 169 of 2018)]
