Proceedings under subdivision 5-b of section 15 for approval of nonschedule adjustments may be conducted by a member of the board or a panel of the board. A member of the board may be designated by the chairman to act individually in the hearing and determination of such nonschedule adjustments pursuant to section 15, subdivision 5-b. Referees shall have no authority to approve such adjustments.
N.Y. Comp. Codes R. & Regs. Tit. 12 § 300.24