68(1)The Board may forbear, in whole or in part and conditionally or unconditionally, from the exercise of any power or the performance of any duty of its own making where the Board finds as a question of fact that forbearance would be consistent with the purpose of this Part.

68(2)Where the Board finds as a question of fact that a service offered by a public utility is or will be subject to effective competition sufficient to protect customer’s interests, it shall make a determination to forbear, to the extent that it considers appropriate, conditionally or unconditionally, from regulating the tolls or tariffs or other contractual provisions of that service or class of service offered by a public utility.

68(3)If the Board does forbear from regulation, it may later resume a greater degree of regulation if it considers that its level of forbearance is no longer warranted.