Section 5: Delegation of functions and powers
consolidated text (as at 2018). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
5. Delegation of functions and powers
(1) The Commission may delegate to the Chief Executive such of its
functions or powers under this Act as may be necessary, other than the
power to make FSC Rules or issue guidelines, for the effective administration
of this Act.
(2) The Chief Executive may delegate to an employee of the Commission
any of the functions or powers specified in subsection (1) other than the
power to order an investigation.
(3) A person shall, in the exercise of any power delegated under
subsection (1) or (2), comply with such direction as the Commission or the
Chief Executive may give.
(4) A delegated function or power, when discharged or exercised under
this Act, shall be taken to have been discharged or exercised by the
Commission or the Chief Executive, as the case may be.