VET Student Loans Act 2016
A person who makes a decision (the initial decision ) under this Act other than a reviewable decision may reconsider the decision if the person is satisfied that there is sufficient reason to do so.
81(2)
After reconsidering the initial decision, the decision maker must:
(a) confirm the initial decision; or
(b) vary the initial decision; or
(c) set the initial decision aside and substitute a new decision.
81(3)
The decision maker ' s decision (the reconsidered decision ) to confirm, vary or set aside the initial decision takes effect:
(a) on the day specified in the reconsidered decision; or
(b) if a day is not specified - on the day on which the reconsidered decision is made.
81(4)
The decision maker must give written notice of the reconsidered decision to the person to whom the decision relates.
81(5)
The notice:
(a) must be given within a reasonable period after the reconsidered decision is made; and
(b) must contain a statement of the reasons for the reconsidered decision.
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