37Proceeds of sale—dealing with claims for approval of security interest in aircraft

#### 37 Proceeds of sale—dealing with claims for approval of security interest in aircraft (1) Subject to section 36, as soon as practicable after receiving a claim made in accordance with subsection 35(3), AA must consider the claim and do one of the following: (a) approve the claim; (b) approve part of the claim and refuse to approve the remaining part of the claim; (c) refuse to approve the claim. > Note: Decisions about claims are reviewable under section 39. (2) AA must give notice to the claimant of a decision under section (1). (3) The notice must include: (a) a statement of reasons for the decision; and (b) a statement to the effect that a person whose interests are affected by the decision may: (i) apply to AA for review of the decision in accordance with section 39; and (ii) subject to the Administrative Review Tribunal Act 2024, apply to the Administrative Review Tribunal for a review of a decision made by AA under subsection 39(3). (4) In making a decision under subsection (1), AA must have regard to the following: (a) any evidence provided by the claimant; (b) any other matter that AA considers appropriate.