Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Secretary must decide whether or not to approve a VET student loan if:
(a) an application is made for the loan; and
(b) the application complies with section 17; and
(c) the applicant has complied with any request under that section.
(2) The Secretary must give written notice of the decision to both:
(a) the applicant; and
(b) the course provider.
(3) The notice must:
(a) be given in accordance with any requirements set out in the rules; and
(b) if the Secretary decides not to approve the loan--must include the reasons for the decision.
(4) The rules may provide for another person to give the notice on the Secretary's behalf.