(1) The Minister may
delegate any of the Minister's powers or functions under any Act to the
Corporation.
(2) A power or
function delegated under this section may, if the instrument of delegation so
provides, be further delegated by the Corporation.
(3) A delegation under
this section—
(a) must
be by instrument in writing; and
(b) may
be absolute or conditional; and
(c) does
not derogate from the power of the delegator to act in any matter; and
(d) is
revocable at will by the delegator.