Independent Pricing and Regulatory Tribunal Act 1992
12Investigations and reports by Tribunal—reference by Minister
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12 Investigations and reports by Tribunal—reference by Minister
12 Investigations and reports by Tribunal—reference by Minister
(1) The Tribunal is also to conduct investigations and make reports to the Minister on any of the following matters referred to the Tribunal by the Minister—
(a) the determination of the pricing for a specified government monopoly service,
(b) a periodic review of pricing policies in respect of a specified government monopoly service.
(2) This section applies to a government monopoly service whether or not it is supplied by a government agency specified in Schedule 1.
(3) A reference with respect to the determination of the pricing of a government monopoly service may extend to an annual or other periodic determination of that pricing.
(4) The Tribunal may request the Minister to refer a matter to the Tribunal under this section.
(5) If the Minister has referred a matter to the Tribunal for investigation and report, the Minister may withdraw or amend the reference at any time before the Minister has received the report from the Tribunal.
s 12: Am 1994 No 88, Sch 6 (2).