46Review of licence conditions

46 Review of licence conditions (1) ICRC may review a licence at any time to determine whether the licence conditions are appropriate for achieving ICRC’s objects under this Act. (2) ICRC must give public notice of a proposed review. (3) The notice must state the following matters: (a) ICRC’s objects under this Act; (b) the purpose of the review; (c) the identity of the utility; (d) the utility services to which the licence relates; (e) where a copy of the licence may be inspected; (f) where submissions in relation to the review should be lodged; (g) the closing date for submissions, that is at least 28 days after the day on which the notice is published. (4) For a review, ICRC must ensure that the utility has a reasonable opportunity— (a) to examine submissions lodged with ICRC in accordance with the public notice; and (b) to make representations to ICRC about any matter raised in the submissions.

(5) ICRC must not finish a review unless it has— (a) given the utility and each person who made a submission in accordance with the public notice a written statement of its expected findings and supporting reasons and the action (if any) that ICRC proposes to take because of the review; and (b) allowed the utility and each such person a reasonable opportunity to make further representations to ICRC; and (c) considered the matters raised in all the submissions and representations duly made to ICRC. (6) When ICRC finishes a review, it must— (a) give the utility a written statement of its findings and supporting reasons and the action (if any) taken by ICRC because of the review; and (b) give public notice of the findings of the review and the place where a record of the statement is available for public inspection.