Document ID: chunk:federal_register_of_legislation:F2018L00366:reg:33
Version: federal_register_of_legislation:F2018L00366
Segment Type: reg
Provision Reference: reg 33
Character Range: 26386–27016

33  Reserve price not paid

       (1)   If the successful applicant fails to comply with section 32 in relation to a licence, the successful applicant ceases to be the successful applicant for the licence.

       (2)   However, the person is taken to have continued to be the successful applicant for the licence after the day notified under paragraph 31(c) if the ACMA:
           (a) extends the period for compliance with section 32 to a day after the day initially notified under paragraph 31(c); and
           (b) has not re-offered the licence in accordance with subsection 38(4) before attempting to extend the period.