Act 16 Land Act · 1998 (a) freehold; (b) mailo; ( c) lease; or (d) sub-lease. (2) Any tenant by occupancy who wishes to acquire any of the registrable interests reterrea to m subsection (I) or this section may apply to the registered owner. (3) Upon receipt of the application referred to in subsection (2) of this section the registered owner may cause the registrable interest to be granted upon such terms and conditions as may be agreea upon. (4) The registered owner shall, within three months after the receipt of the application, either refuse the offer or make such a response as will enable meaningful negotiations to take place between the parties. (5) Where the parties have agreed to negotiate, either party to the negotiations to which subsection (4) refers may at any time after three months haveelapsed since-thenegotiations commenced, refer the matter to the Mediator for him or her to assist the parties to reach an agreement on the acquisition of the registrable· interest. (6) Where the Mediator is unable, after three months of negotiations, to assist the parties to reach an agreement on the acquisition of the registrable interest, he or she shall make a declaration to that effect, and- shall thereafter be entitled to withdraw from assisti11_g the parties with their negotiations but any such withdrawal snall· not operate to prevent the parties from continuing to negotiate on the acquisition of the registrable interest. 46