Just to your point about the backstop, I think it's important through the process and our discussions with our customers today to have agreements. We always look to mediation. So, you're trying to negotiate commercially and you get to a point where there are a couple of outstanding issues. As you know, the railways are very much of the view that there should be a mediation process prior to imposed arbitration. That should be the ultimate backstop. We don't think it should be there. As you know, today there's no requirement in this bill to have the parties mediate before they arbitrate, and typically that would be the case. Most of our experience has been commercially. When you negotiate with the party and you can't arrive at an agreement, you go into mediation before you get to arbitration.
On March 5th, 2013. See this statement in context.