Application for rehearing

Within thirty days after the entry of any order or decision of the commission or the director, any person affected thereby may file with the commission an application for rehearing in respect of any matter determined by the order or decision, setting forth the reasons the order or decision is believed to be erroneous. The commission shall grant or refuse any such application in whole or in part within fifteen days after it is filed. In the event the rehearing is granted, the commission may enter such new order or decision after rehearing as may be required under the circumstances.