(1) The Minister may delegate any of the Minister's powers under this Chapter to:
(a) ASIC; or
(b) a member of ASIC (within the meaning of section 9 of the Australian Securities and Investments Commission Act 2001 ); or
(c) a staff member of ASIC who is a senior staff member (within the meaning given by subsection 5(1) of that Act).
- (2) However, the Minister must not delegate the Minister's powers under section 1023H, 1023J, 1023K or 1023M (which deal with product intervention orders) to a person other than ASIC.