283Reconsideration by the Regulator

#### 283 Reconsideration by the Regulator (1) Upon receiving such an application, the Regulator must: (a) reconsider the decision; and (b) affirm, vary or revoke the decision. (2) The Regulator’s decision on reconsideration of a decision has effect as if it had been made under the provision under which the original decision was made. (3) The Regulator must give to the applicant a written notice stating its decision on the reconsideration. (4) Within 28 days after making its decision on the reconsideration, the Regulator must give the applicant a written statement of its reasons for its decision.