New Zealand Legislation: Regulations
Regulations are laws made under Acts
(1) An inspector may, by a document signed by the inspector, delegate any function, duty, right, or power conferred on that inspector in his or her capacity as a member of the inspectorate (other than this power of delegation) to any 1 or more persons (including a firm of chartered accountants) approved for this purpose by the relevant society.
(2) Subject to any general or special directions given or conditions attached by the inspector making the delegation, the person or persons to whom any functions, duties, rights, or powers are delegated (or, if the delegation is to a firm of chartered accountants, each partner of that firm) may perform and exercise them in the same manner and with the same effect as the inspector making the delegation.
(3) Every person purporting to act under a delegation under this regulation is, on production of the document referred to in subclause (1) and in the absence of proof to the contrary, presumed to be acting in accordance with the terms of the delegation.
(4) Every delegation under this regulation is revocable at will, but that revocation does not affect anything done under the delegated authority and does not take effect until communicated to the delegate.
(5) A delegation under this regulation does not prevent the performance of any function or duty or the exercise of any right or power by the inspector who made the delegation.
