61Variation

61 Variation (1) ICRC may approve, or determine, a variation of an industry code and, for that purpose, the other sections of this part apply to the variation, subject to subsections (2) and (3), in the same way as they apply to a new industry code. (2) ICRC may approve a variation of an industry code under section 58 without the public consultation required by section 60 if— (a) apart from the proponent, each utility to which the code applies has given ICRC written notice of its agreement to the variation; or (b) ICRC is satisfied that the variation is necessary or convenient— (i) to give effect to a direction by the Minister under section 19; or (ii) following a review of a licence under section 46; or (iii) because of an amendment of an Act or a subordinate law; or

(c) ICRC is satisfied that the variation is unlikely to adversely affect anyone and would not materially alter the code. (3) ICRC may determine a variation of an industry code under section 59 on its own initiative, without the public consultation required by section 60, in the circumstances mentioned in subsection (2) (b) or (c).