South Australian Repealed Acts

This legislation has been repealed.

BUSINESS NAMES ACT 1996 - SECT 6

6—Agreement with ASIC

        (1)         The Commission may, with the approval of the Minister, from time to time make an agreement with ASIC about any matter in relation to the administration of this Act.

        (2)         The agreement may contain delegations by the Commission of functions or powers under this Act.

        (3)         A delegation by the Commission for the purposes of the agreement—

            (a)         has effect subject to the conditions specified in the agreement; and

            (b)         may be varied or revoked by the Commission in accordance with the terms of the agreement; and

            (c)         does not prevent the Commission from acting in any matter.

        (4)         This section does not purport to impose a duty on ASIC to perform any functions or exercise any powers conferred or expressed to be conferred on it by or under this Act if the imposition of the duty would be beyond the legislative power of the Parliament of the State.