Independent Competition and Regulatory Commission Act 1997
24OProcedure for review
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24O Procedure for review (1) In considering an application for review, an industry panel has the same powers as the commission in conducting a price regulation (2) Without limiting subsection (1), the following provisions apply to the panel on the hearing of the application for review as if it were the commission conducting a price regulation investigation: • section 17 (Procedure for industry reference investigations) • section 18 (Draft reports—industry reference investigations) • section 24X (Information to be given to commission following price direction review) • part 7 (Information) • part 8 (Cooperation with the commission). 24OA Application for review—commission’s response (1) This section applies if an industry panel decides to hear an application for review of a price direction. (2) The industry panel must tell the commission— (a) it may make a submission to the panel on any issue raised in the application for review; and (b) the date, decided after consultation with the commission, by which the commission must make a submission under paragraph (a).