48.4. Notwithstanding section 48.2, before the deadline specified in that section, the electric power distributor may apply to the Régie to request it to fix a rate not set out in Schedule I to the Hydro-Québec Act (chapter H-5) and the necessary modifications to the existing rates to apply the new rate, where the following conditions are met:(1) the electric power distributor has presented a report to the Government showing the necessity of fixing a new rate; and
(2) the Government, after analyzing the report, makes an order indicating to the Régie its economic, social and environmental concerns with respect to the distributor’s application.