I believe they have a system whereby new moderators must wait 1-3 days before getting into reports.

Nope lol. I've seen Random doing reports already.

Yes, Chain is actually right.

Im am not allowed to handle reports until i come back from school i can only ban log.

Surge that didn't make sense.

it did, How did it not make sense to you?

ban logs are me recording evidence and banning.

New Moderators are told to wait a couple days before handling reports, just so they know what's going on. However, it is not a rule that they can't, if they are confident in doing so.