Commonwealth Consolidated Acts

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AUSTRALIAN INSTITUTE OF MARINE SCIENCE ACT 1972 - SECT 50A

Delegation of powers by Finance Minister

  (1)   The Finance Minister may, by written instrument, delegate to an official (within the meaning of the Public Governance, Performance and Accountability Act 2013 ) of a non - corporate Commonwealth entity (within the meaning of that Act) the power:

  (a)   to approve the provision of guarantees as mentioned in paragraph   10(2)(hb); or

  (b)   to approve the borrowing of money on terms and conditions specified in, or consistent with, the approval as mentioned in subsection   42B(1); or

  (c)   to enter into contracts as mentioned in subsection   42C(1); or

  (d)   to make determinations as mentioned in subsection   42C(2).

  (2)   In exercising power under a delegation, the official must comply with any directions of the Finance Minister.



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