ACTIn ForceAct
Independent Competition and Regulatory Commission Act 1997
24DReference by referring authority
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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.