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s 24D

Reference by referring authority

In force
Part 4BVariation of price directions
Division 4B.2Nonconsent variations

24D Reference by referring authority

(1)

The referring authority for a regulated service may provide a reference for part 3 (Investigations) requiring the commission to investigate whether a price direction in force for the service should be varied.

(2)

The commission may accept the reference from the referring authority only if, in the opinion of the commission based on reasonable grounds, there has been a material change in the cost conditions for the provision of the regulated service.

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Section 24D — Reference by referring authority — Independent Competition and Regulatory Commission Act 1997 (Australian Capital Territory) — Barrister AI