4.9 Declining an offer of redress
A person has declined an offer of redress when:
- they have formally declined the offer by providing a letter to the Scheme before the end of the acceptance period, or
- they do nothing and the offer of redress expires.
A person may also decline a component of their offer of redress by not selecting the component within their acceptance document. If they do so, they will not be able to access that component of redress.
A declining letter must:
- be in the approved form
- state the person declines the offer
- acknowledge the person understands the effect of declining the offer, and
- be signed by the person or their legal nominee.
Where an offer of redress is declined, the Scheme must notify the responsible institution/s that the offer or components of the offer are declined.
A person's offer of redress is not declined where the person has requested a review of the offer of redress within the acceptance period and the review is not completed within the original acceptance period.
Act reference: NRSAct section 45 Declining the offer of redress