Document ID: chunk:federal_register_of_legislation:F2025L00132:schedule:1:p3
Version: federal_register_of_legislation:F2025L00132
Segment Type: schedule
Provision Reference: sch 1 (pt 3/5)
Character Range: 6399–9381

amount of redress payable; and
          3.    if the reassessment decision results in a redress payment amount which is more than the current determination, the difference between the amount in the current determination and the amount of the additional redress payment.

35C Notice of effect of section 71P of the Act
        1.     This section is for the purposes of subsection 71P(4) of the Act.
        2.     If subsection 71P(3) applies, the Operator must give written notice of the reassessment decision to the person the Operator considers most appropriate in place of the reassessee.

       Note 1: Section 71P of the Act requires a reassessment to be determined despite the death of the applicant as if the applicant had agreed to a reassessment.

       Note 2: Sections 35 and 35A of the Act require institutions and funders of last resort specified in the determination to be given notice too.
        1.     The notice must state:
          1.     the reasons for the reassessment decision; and
          2.     the total amount of redress payable; and
          3.     if the reassessment decision results in a redress payment amount which is more than the current determination, the difference between the amount in the current determination and the amount of the additional redress payment.

 Part 8A—Notice relating to reassessment of determinations

35D Simplified outline of this Part

    If a person agrees to undergo a reassessment of their application under the Act, the Operator is required to give written notice of that agreement to relevant participating institutions, partly-participating institutions and participating jurisdictions. However, this notice is not required where an institution has left the Scheme and is not listed under sections 164, 164A, 164B, 164C or 164D of the Act.
    The Operator is required to give written notice of a reassessment decision if affirmed to each relevant participating institution, partly-participating institution and participating jurisdiction which were given written notice of the reassessee's agreement to undergo a reassessment under subsection 71B(4) of the Act. However, the Operator is not required to provide notice where the institution has left the Scheme and is not listed under sections 164, 164A, 164B 164C or 164D of the Act.

35E Notices to institutions about reassessment of determination
        1.      This section is made for the purposes of subsection 71B(5) of the Act.
        2.     A notice for the purposes of subsection 71B(4) of the Act is not required in circumstances where an institution has ceased to be a participating or partly-participating institution and is not listed under sections 164, 164A, 164B, 164C or 164D of the Act.

35F Notice of decision to affirm current determination to participating jurisdictions and institutions
        1.     This section is made for the purposes of subsection 71F(4) of the Act.
        2.     A notice for the purposes of subsection