Commonwealth Consolidated Acts

LOANS SECURITIES ACT 1919 - SECT 5D

  (1)   The Treasurer may, by signed instrument, delegate to:

  (a)   a specified officer of the Department; or

  (b)   any person who from time to time holds, or performs the duties of, a specified office in the Department;

all or any of the following powers:

  (c)   the powers (if any) of the Treasurer under subsection   3(2) to determine matters for the purposes of paragraph   3(1)(b) or (c);

  (d)   the powers of the Treasurer under sections   5A, 5B and 5C.

  (2)   The Treasurer may, by signed instrument, delegate to:

  (a)   a specified member of the diplomatic mission of Australia in a foreign country; or

  (b)   any person who from time to time holds, or performs the duties of, a specified post in the diplomatic mission of Australia in a specified foreign country;

all or any of the following powers:

  (c)   the powers (if any) of the Treasurer under subsection   3(2) to determine matters for the purposes of paragraph   3(1)(b) or (c);

  (d)   the powers of the Treasurer under section   5A;

  (e)   the powers of the Treasurer under section   5C in so far as they are exercisable for the purposes of an action or proceeding relating to:

  (i)   an agreement referred to in section   5A; or

  (ii)   the issue by the Treasurer of any stock or security in relation to the borrowing of money outside Australia .