81Decision on application for review of administrative decision

81 Decision on application for review of administrative decision

(1)  The Regulator may, after taking any advice that the Regulator thinks fit, decide an application under section 79(1) for an administrative review of a reviewable decision by –

(a) confirming the decision; or

(b) amending the decision; or

(c) substituting another decision for the decision; or

(d) revoking the decision.

(2)  The Regulator must, within 45 business days after receiving from a person an application under section 79(1) for an administrative review of a reviewable decision, serve on the person a notice of the decision of the Regulator under subsection (1) in relation to the application.

(3)  The notice served on a person who made an application under section 79(1) for an administrative review of a decision must include a statement of –

(a) the decision made under subsection (1) in relation to the application; and

(b) the findings of the Regulator in relation to any material questions of fact; and

(c) the evidence or other material on which the findings are based; and

(d) the reasons for the decision made under subsection (1) in relation to the application.