I currently have a machine that is in place and running on a 40A breaker. The nameplate was just discovered and has 25HP,2HP, and 1/2HP motors on it (480V, 3ph). When taking 125% of largest plus the other two motors I get 47A. This requires a 50A breaker. We only ran #6 to the load because of 70% derating based on 9 current carrying conductors. I need to know is there something in the code that allows me either to use a smaller breaker or not have to double derate the load by taking 125% and then 70% of conductor ampacity. Right now I am faced with pulling out the #6 and installing #4 which may cause some pull by problems based on the age of the other conductors. The conduit run is under floor and therefore a wet run.