Financial Sector Regulation Act, 2017 (Act No. 9 of 2017)Chapter 17 : MiscellaneousPart 2 : Financial Sector Information Register264. Delegations by Director-General |
(1) | The Director-General may, in writing, delegate any power or duty of the Director-General in relation to the Register, except the power of delegation, to a staff member of the National Treasury or any other suitable person, and the Director-General may, at any time, amend or revoke a delegation. |
(2) | A delegation may be to a specified person or to the person holding a specified position. |
(3) | A delegation is subject to the limitations and conditions specified in the delegation. |
(4) | A delegation does not divest the Director-General of responsibility in respect of the delegated power or duty. |
(5) | Anything done by a delegate in accordance with the delegation is taken to be done by the Director-General. |