16Negotiation

16 Negotiation (1) On giving a negotiation notice, the interest holder and the designated person must take reasonable steps to negotiate an (2) The period for the negotiation: (a) must be for a period of at least 60 days from the receipt of the negotiation notice by the designated person; and (b) may be for a longer period agreed between the interest holder and the designated person. (3) However, an agreement may be reached before the expiration of the period for the negotiation under subregulation (2). (4) An access agreement between the interest holder and the designated person must be in writing.