Document ID: chunk:federal_register_of_legislation:F2021L01155:reg:59
Version: federal_register_of_legislation:F2021L01155
Segment Type: reg
Provision Reference: reg 59
Character Range: 122078–122945

59  Pre-bidding phase and first clock round
 (1) After the later of the eligibility deadline or extended eligibility deadline (if there is one), the auction manager must:
 (a) set the start date and start time of the first clock round of the primary stage; and
 (b) set a period of at least 3 hours that falls within the 48 hours before the start date and start time of the first clock round of the primary stage as the pre-bidding phase.
 (2) At least 10 working days before the start of the pre-bidding phase, the auction manager must notify each bidder of:
 (a) the start date and start time, and duration, of the pre-bidding phase; and
 (b) the start date and start time of the first clock round of the primary stage.

Part 5—Auction procedures, and allocation of set-aside lots

Division 1 Procedures to be applied for auction and allocation of set-aside lots