Delegation of powers enables designated officers to exercise pension fund regulatory powers within the scope of authorised delegation. Delegation of powers permits every power exercisable by the Authority under the Pension Fund Regulations to be exercised also by an officer when that ... Summary
Delegation of powers enables designated officers to exercise pension fund regulatory powers within the scope of authorised delegation.
Delegation of powers permits every power exercisable by the Authority under the Pension Fund Regulations to be exercised also by an officer when that power has been delegated to the officer. Exercise by an officer is contingent on delegation by the Authority and extends only to the delegated powers. The provision establishes an internal mechanism for authorised officers to exercise delegated regulatory powers.
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