Document ID: chunk:federal_register_of_legislation:F2025C00180:reg:38
Version: federal_register_of_legislation:F2025C00180
Segment Type: reg
Provision Reference: reg 38
Character Range: 76758–77911

38  Simplified outline of this Part

      Under the Act, the giving of a security notice about a person causes withdrawal of an application by the person for redress, revocation of any determination made on the application and withdrawal of any offer of redress resulting from the application. The Operator must give notice of that effect to the person and to any institution notified of the determination or offer.
      If, at the time a security notice comes into force in relation to a person, a reassessment of a determination on an application for redress has been agreed to but a decision has not been made, the person is taken to have revoked their agreement to have a reassessment of the determination.
      If, at the time a security notice comes into force in relation to a person, a reassessment of a determination on an application for redress has been agreed to, a new offer of redress has been given but the offer has not been accepted, declined or withdrawn, the new offer is taken to be withdrawn, the reassessment decision is revoked and the person is taken to have revoked their agreement for a reassessment of the determination.