Singapore legislation

Clause 9

of Accounting and Corporate Regulatory Authority Bill

Clause 9

Appointment of committees and delegation of powers

(1)

The Authority may, in its discretion, appoint from among its own members or from among other persons such number of committees as it thinks fit for purposes which, in the opinion of the Authority, would be more expediently carried out or managed by means of such committees.

(2)

The Authority may, subject to such conditions or restrictions as it thinks fit, delegate —

(a)

to any of its members;

(b)

to its Chief Executive or any of its officers or employees;

(c)

to any committee appointed by it under subsection (1); or

(d)

to any other person as the Authority thinks fit,any of the functions or powers of the Authority under this Act or any other written law, except the power of delegation conferred by this section and the power to make subsidiary legislation under this Act or such other written law.

(3)

Any function or power delegated under subsection (2) to any person or committee may be performed or exercised by that person or committee in the name and on behalf of the Authority.

(4)

No delegation under this section shall prevent the performance or exercise of any function or power by the Authority.

Read in full context — Accounting and Corporate Regulatory Authority Bill →