(1) This section applies to an application for the commission to do both of the following—(a) make a bargaining award;(b) terminate the relevant modern award.
(2) The application may be made by a party to the proposed bargaining award.
(3) The application may be made only if—(a) all the parties have agreed on the terms of the proposed bargaining award; and(b) the proposed bargaining award has been approved by a valid majority of the relevant employees at the time in a properly conducted ballot.