Business Names Registration (Transitional and Consequential Provisions) Act 2011 (127 of 2011)

Schedule 1   Transitional provisions

Part 9   Review

28   Internal review of certain decisions

(1) If a reviewable decision is made by ASIC other than as a delegate of the Minister, an entity on whose application the decision is reviewable may lodge an application with ASIC (the review body ) for review of the decision.

(2) If a reviewable decision is made by an ASIC member or staff member as a delegate of the Minister, an entity on whose application the decision is reviewable may lodge an application with the Minister (the review body ) for review of the decision.

(3) The application:

(a) must set out the reasons for making the application; and

(b) must be in the prescribed form; and

(c) must be lodged in the prescribed manner.

(4) An application for review of a decision must be lodged within 28 days after the entity is notified of the decision.

(5) Despite subitem (4), an application for review may be lodged within such longer period as the review body allows.

(6) After an application for review of a decision is lodged with a review body, the review body must review the decision and:

(a) affirm the decision under review; or

(b) vary the decision under review; or

(c) set aside the decision under review and make a decision in substitution for it.

(7) A decision of the review body under subitem (6) takes effect:

(a) on a day, provided in the decision, that is after the decision is made; or

(b) if a day is not so provided - on the day on which the decision is made.

(8) If the review body has not decided an application by an entity for review of a decision:

(a) where the review body is ASIC - within 28 days after the application is lodged; and

(b) where the review body is the Minister - within 60 days after the application is lodged;

the entity may, at any time, give the review body written notice that the entity wishes to treat the decision as having been affirmed.

(9) For the purposes of item 29, if an entity gives notice under subitem (8) of this item, the review body is taken to have refused the entity's application on the day on which the notice is given.