Acts Online
GT Shield

Credit Rating Services Act, 2012 (Act No. 24 of 2012)

Chapter 6 : Administration of Act

22. Delegation and assignment

 

 

(1) The registrar may in writing—
(a) delegate any of the powers and functions assigned to the registrar under this Act; and
(b) assign any of the duties or functions imposed on the registrar under this Act, to a deputy registrar or any other person, except the power to make rules.

 

(2) The delegation or assignment contemplated in subsection (1)—
(a) is subject to any limitations or conditions that the registrar may impose; and
(b) does not divest the registrar of the responsibility concerning  the exercise of the delegated power.

 

(3) The registrar may confirm, vary or revoke any decision taken by a deputy registrar or any other person, subject to any rights that may have vested as a consequence of the delegation.