Document ID: chunk:federal_register_of_legislation:C2024A00104:section:332
Version: federal_register_of_legislation:C2024A00104
Segment Type: section
Provision Reference: s 332
Character Range: 544727–545618

332  Varying or revoking asset determination on notification of event or change in circumstances
 (1) This section applies if the System Governor has been notified of the occurrence of an event or a change in an individual's circumstances under Subdivision D.
 (2) The System Governor must decide, within the period specified in the rules, whether to vary or revoke the asset determination in force for the individual.
 (3) The System Governor may, by written notice, request the individual to give the System Governor further information, within the period specified in the notice (which must not be less than 28 days after giving the notice), to assist the System Governor to decide whether to vary or revoke the asset determination.
Note: The individual is not obliged to give the information.
 (4) The System‑Governor may, at the request of the individual, extend the specified period.