Document ID: chunk:federal_register_of_legislation:F2015L01440:body:0:p9
Version: federal_register_of_legislation:F2015L01440
Segment Type: other
Provision Reference: 
Character Range: 20040–22682

been lodged by a registered applicant, who wishes to bid at the auction in person must register as a bidder (a registered bidder) and must present to the ACMA no later than one hour before the commencement of the auction evidence of the individual's identity.
 (2) For the purposes of subsection (1), an Australian Drivers Licence or a passport will be sufficient evidence of that person's identity.
 (3) On registering an individual as a bidder, the ACMA must give each registered bidder a bidder's paddle.
4.11 Bidding in an auction
 (1) Only a registered bidder or a verified telephone bidder may bid for a lot.
 (2) A registered bidder may only bid for a lot:
 (a) where the registered bidder is the registered applicant; or
 (b) where the registered applicant has provided the ACMA with a Form of Authority for the registered bidder under paragraph 4.5 (1) (b) or subsection 4.9 (2);
 (c) and the lot is nominated by the registered applicant in the registration documents and for which an auction deposit has been paid.
 (3) A verified telephone bidder may only bid for a lot nominated by the registered applicant in the registration documents and for which an auction deposit has been paid.
 (4) The auctioneer will:
 (a) invite bids for the lot; and
 (b) identify the registered bidder or verified telephone bidder who makes the highest bid for the lot.
 (5) In the event of a disputed bid:
 (a) the auctioneer is the sole arbiter; and
 (b) the auctioneer's decision is final.
 (6) If the highest bid made for a lot is at least equal to the reserve price for the lot, the registered applicant by or for whom the highest bid is made is the successful applicant (the successful applicant) for the lot.
4.12 Identification and verification to the ACMA
  Immediately after a registered applicant is identified as the successful applicant:
 (a) if the successful applicant is a registered bidder — the successful applicant must meet with the ACMA to identify himself or herself to the ACMA; or
 (b) if the successful applicant is a verified telephone bidder — the successful applicant must verify the successful bidder's identification by telephone to the ACMA as being that of the successful applicant; or
 (c) if the successful applicant is not a registered bidder — a registered bidder who has a Form of Authority from the successful applicant must meet with the ACMA to identify himself or herself to the ACMA.
4.13 Close of auction
 (1) The auction in relation to a particular lot is closed after the successful applicant has been identified or verified to the ACMA.
 (2) The ACMA will notify each successful applicant for each lot, by