For good cause shown, the Commission may waive any of the requirements of this Rule, except those required by statute, provided such waiver will not unduly undermine the purposes of the auditing requirement. The Commission may also subsequently rescind, alter or amend any such waiver for good cause. The Commission delegates to the Directors of Telephone and Water or Electric and Gas Industries the authority to issue, rescind, alter or amend a waiver with respect to any of the requirements of this Rule. This delegation in no way limits the Commission's authority to review the decision of the Directors or to issue, rescind, alter or amend a waiver directly.
65- 407 C.M.R. ch. 710, § 5