(1) The Secretary may, on his or her own initiative, review any of the following if the Secretary is satisfied that there is enough reason to do so:
(a) a decision under section 50 to appoint a person to be the nominee of a participant;
(b) a decision under section 52 , 53 or 54 to cancel or suspend, or not to cancel or suspend, the appointment of a nominee.
(2) On review of a decision, the Secretary must:
(a) affirm the decision; or
(b) vary the decision; or
(c) set the decision aside and substitute a new decision.