Document ID: chunk:federal_register_of_legislation:F2017L01255:reg:46
Version: federal_register_of_legislation:F2017L01255
Segment Type: reg
Provision Reference: reg 46
Character Range: 59014–59754

46  Default
  If an applicant:
 (a) accepts the offer of a spectrum licence and agrees to pay the balance of the pre-determined price for the licence in accordance with subsection 40(4), subsection 41(6) or subsection 42(5); and
 (b) does not pay the balance of the pre-determined price for the licence in accordance with section 44;
         then:
 (c) the spectrum licence is not allocated to the applicant; and
 (d) the allocation of spectrum licences under this instrument to other applicants is not affected; and
 (e) section 76 applies to each lot that, but for this section, would have been included in a spectrum licence allocated to the applicant.
Note: See section 86, in relation to the rights of the ACMA and the Commonwealth.