NSW Reconstruction Authority Act 2022
50Notice to decide
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50 Notice to decide
50 Notice to decide
(1) The Authority may, by written notice (a notice to decide) given to the decision-maker for a prescribed decision, require the decision-maker to make the decision within the period stated in the notice (the stated period).
(2) The notice to decide must—
(a) identify the decision, and
(b) state the decision-maker must—
(i) make the decision within the stated period, and
(ii) inform the Authority of the decision within 5 business days after the decision is made.
(3) On receiving the notice to decide, the decision-maker must—
(a) subject to subsection (5), make the prescribed decision within the stated period, and
(b) inform the Authority of the decision within 5 business days after the decision is made.
(4) The Authority may, by written notice given to the decision-maker and without the decision-maker’s agreement, extend the period for making the prescribed decision.
(5) If the Authority extends the period for making the prescribed decision, the decision-maker must make the decision within the extended period.