(a) (Notification): If a Dispute arises then a party must, if it wants to pursue the Dispute, and in the case of Project Co provided that it has satisfied the requirements referred to in clause 48.1(c) where applicable, give notice to the other party requesting that the Dispute be referred for resolution by negotiation between the Chief Executive Officers (or equivalent) of the State and Project Co (Representatives).
(b) (Contents of Notice): A notice under clause 48.3(a) must:
(i) state that it is a notice under clause 48.3; and
(ii) include or be accompanied by particulars of the matters which are the subject of the Dispute.
(c) (Attempt to resolve Dispute): If a Dispute is referred to negotiation under clause 48.3(a), then:
(i) the Representatives must meet and attempt in good faith to resolve the Dispute (in whole or in part) within 10 Business Days after the date on which the notice under clause 48.3(a) is received or such later date as the parties may agree; and
(ii) any agreement reached between the Representatives will be reduced to writing, signed by or on behalf of each party and will be final and binding on the parties.
(d) (Meeting): The Representatives may agree to call a meeting of the Project Control Group or the Senior Representatives Group to assist in the resolution of the Dispute by the Representatives in accordance with clause 48.3(c)(i), which meeting must, unless otherwise agreed, take place within the 10 Business Days referred to in clause 48.3(c)(i).