Commonwealth Consolidated Acts

COMMONWEALTH INSCRIBED STOCK ACT 1911 - SECT 51J

    Where the Governor - General has delegated a power to the Treasurer under section   51H:

  (a)   the Governor - General may give directions to the Treasurer with respect to the exercise of that power; and

  (b)   if the Treasurer has under subsection   51H(2) authorized another person to exercise that power, the Treasurer:

  (i)   shall, if the Governor - General gives a direction to the Treasurer under paragraph   (a) with respect to the exercise of that power, give a corresponding direction to the other person; and

  (ii)   may, subject to any direction given to the Treasurer under paragraph   (a), give directions to the other person with respect to the exercise of that power.