Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Regulator may appoint:
(a) a member of its own staff; or
(b) a member of the other Regulator's staff;
as an authorised person for the purposes of a specified provision of this Act.
(2) An appointment must be in writing.
(3) A person who is authorised under subsection (1) for the purposes of a provision of this Act may:
(a) exercise any power of the Regulator or an authorised person under that provision; and
(b) perform any functions of the Regulator or an authorised person under that provision.