(1) The Chair must notify the bargaining parties that arbitration about terms for resolving the remuneration issue will start on a specified day that is no later than 5 business days (or, if the regulations specify a different period, the end of that period) after the appointment of the Chair.
(2) The notice must:
(a) be in writing; and
(b) if regulations made for the purposes of this paragraph specify requirements--meet those requirements.