Ontario Highway Traffic Act

I received my first red light camera ticket. It says my options are:

Option 1 - Trial Option (Plead Not Guilty)
Option 2 - Plea of Guilty (Submissions as to Penalty)
Option 3 - Plea of Guilty (Voluntary Payment of Total Payable)

Option 2 allows me to appear before a justice and make submissions as to penalty amount or time to pay. Given that I ...