sec.99BRDLObligation to negotiate in good faith

### sec.99BRDL Obligation to negotiate in good faith This section applies if— a distributor-retailer proposes to another entity that they enter into a water infrastructure agreement; or another entity proposes to a distributor-retailer that they enter into a water infrastructure agreement. The distributor-retailer or other entity to whom the proposal is made must, in writing, tell the proponent if it agrees to entering into negotiations for an infrastructure agreement. In negotiating an infrastructure agreement, the distributor-retailer and the other entity must act in good faith. disclosing to the other party to the negotiation in a timely way information relevant to entering into the proposed agreement considering and responding in a timely way to the other party’s proposals about the proposed agreement giving reasons for each response s 99BRDL ins 2014 No. 36 s 45 (sec.99BRDL-ssec.1) This section applies if— a distributor-retailer proposes to another entity that they enter into a water infrastructure agreement; or another entity proposes to a distributor-retailer that they enter into a water infrastructure agreement. (sec.99BRDL-ssec.2) The distributor-retailer or other entity to whom the proposal is made must, in writing, tell the proponent if it agrees to entering into negotiations for an infrastructure agreement. (sec.99BRDL-ssec.3) In negotiating an infrastructure agreement, the distributor-retailer and the other entity must act in good faith. disclosing to the other party to the negotiation in a timely way information relevant to entering into the proposed agreement considering and responding in a timely way to the other party’s proposals about the proposed agreement giving reasons for each response - (a) a distributor-retailer proposes to another entity that they enter into a water infrastructure agreement; or - (b) another entity proposes to a distributor-retailer that they enter into a water infrastructure agreement. - • disclosing to the other party to the negotiation in a timely way information relevant to entering into the proposed agreement - • considering and responding in a timely way to the other party’s proposals about the proposed agreement - • giving reasons for each response