Section 12: Procedure for establishment of industrial standards.

(1) Whenever the Council intends to establish industrial standards in pursuance of subsection (1) (b) of section 4 of this Act, it shall do so in accordance with the provisions of this section.
(2) Before establishing any industrial standard in pursuance of this section, the Council shall-
(a) inform all parties having, in its opinion, substantial interests in the industrial standard in question;
(b) thereafter constitute a committee to inquire into all the relevant aspect of the matter and make a report thereon,
and in constituting the said committee, the Council shall ensure as wide a representation on the committee as possible including, where appropriate, representatives of the parties herein referred to.
(3) After considering the report of the committee, the Council may establish the industrial standard if, in its opinion, that standard is of significance to the national economy and otherwise conforms with the objectives of this Act.
(4) The Council shall, in order to ensure that any industrial standard established under this section is still appropriate, have it reviewed from time to time and at least not less than once in every three years.
(5) The Council shall have power to revise or revoke any industrial standard established under this section, and for that purpose, subsections (2) and (3) of this section shall apply in relation to the revision or revocation of an industrial standard as they apply in relation to the establishment thereof.