Document ID: chunk:federal_register_of_legislation:F2023L00865:reg:143
Version: federal_register_of_legislation:F2023L00865
Segment Type: reg
Provision Reference: reg 143
Character Range: 201698–203168

143  Determination of winning assignment bids for an assignment round
 (1) After an assignment round ends, the auction manager must tell each assignment bidder in the round the frequency range option in its winning assignment bid.
Note: This section relates to Division 7 of Part 5 of this instrument for the purposes of section 294 of the Act, and is disallowable under section 42 of the Legislation Act 2003.
 (2) A winning assignment bid for a product for an assignment round is an assignment bid in the combination of assignment bids for the assignment round that meets the following requirements:
 (a) only one assignment bid is selected from each assignment bidder for the assignment round;
 (b) the frequency ranges included in any pair of winning assignment bids for a product, or group of a products, do not overlap;
 (c) the sum of the bid prices in the assignment bids is maximised;
 (d) if any lots of a product were not allocated in the primary stage or secondary stage (if any), the unassigned frequency range that will result from those unallocated lots is a contiguous frequency range.
 (3) If more than one combination of assignment bids satisfies subsection (2), the combination that is used to determine the winning assignment bids will be selected using a pseudorandom process.
 (4) The assignment winner for a frequency range for a product for an assignment round is the assignment bidder whose winning assignment bid was for that frequency range.