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Section 16

Delegation of functions and powers, etc.

of Consumer Credit Act 2025

ActIn forceProvision 16 of 34
Section 16
(1)

The Commission may delegate its functions or powers under this Act to—

(a)

the Executive Chairman or Deputy Executive Chairman;

(b)

a person designated by the Board or any committee established; or

(c)

any officer of the Commission.

(2)

A delegation under this section shall not prevent the concurrent performance or exercise of the functions or powers delegated by the Commission.