Superannuation Industry (Supervision) Regulations 1994

PART 13 - MISCELLANEOUS  

Division 13.5 - Reconsideration and review of decisions  

REGULATION 13.24   NOTICE OF REVIEWABLE DECISIONS AND REASONS FOR DECISIONS  

13.24(1)   [Notice of decision]  

As soon as practicable after the Regulator makes a reviewable decision, the Regulator must give written notice of the decision to the person at whose request the decision was made.

13.24(2)   [Statement of reasons]  

The notice must have with it a statement by the Regulator of the Regulator's reasons for making the decision.

13.24(3)   [Reconsideration or review]  

The notice must include a statement to the effect that, if dissatisfied with the decision, the person may:


(a) in the case of notice of a decision (other than a decision made by the Regulator under regulation 13.25 confirming or varying an earlier reviewable decision of the Regulator) - request reconsideration of the decision under regulation 13.25 ; and


(b) in the case of notice of a decision made by the Regulator under regulation 13.25 confirming or varying an earlier reviewable decision of the Regulator - apply to the Administrative Appeals Tribunal for review of the decision so confirmed or varied.

13.24(4)   [Compliance with subreg (3)]  

Failure to comply with subregulation (3) in relation to a decision does not affect the validity of the decision.




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