Document ID: chunk:federal_register_of_legislation:F2020L01453:schedule:3:p1
Version: federal_register_of_legislation:F2020L01453
Segment Type: schedule
Provision Reference: sch 3 (pt 1/12)
Character Range: 188875–191622

Schedule 3—Rules for the assignment stage of the auction
            (subsections 4(1) and 53(3))

Part 1—Application and interpretation

      1 Application of Schedule
        This Schedule applies to the lots of each product that were allocated to a bidder in the primary stage or secondary stage.

          Note: There is only a secondary stage if there is at least 1 product for which there was only 1 unallocated lot after the primary stage and there is at least 1 bidder who can make a bid on that lot.

      2 Interpretation

       In this Schedule:
      assignment bid: see subclauses 5(1), 5(5) and 5(6).
assignment price means an amount charged for the assignment of a particular frequency range.
assignment round means a round in the assignment stage for the making of assignment bids for the assignment of frequency ranges to the lots of each product that were allocated to a bidder in the primary stage or secondary stage.
assignment winner: see subclause 8(7).
list of frequency range options includes a set of frequency range options.
results: see clause 9.

total assignment price: see subclause 8(8).
      Note: For the definitions of size and total size, see subsection 5(2).

Part 2—Arrangements for assignment stage

      3 Schedule for assignment rounds of the assignment stage

(1) After the completion of the primary stage and secondary stage (if any), the auction manager must announce:
(a)      the anticipated start time and end time of each assignment round; and
(b)      the product or products that will be the subject of each assignment round.

(2) There must be at least 24 hours between the completion of the primary stage and secondary stage (if any) and the start of the first assignment round.

(3) Assignment rounds must start and end between 9.00 am and 5.00 pm on working days.

(4) The scheduling of assignment rounds between those times is at the auction manager's discretion.

(5) The auction manager (using the auction system) will indicate to all bidders, before the first assignment round of a given day, the anticipated schedule of assignment rounds for that day at least 1 hour before the start time of the first assignment round of the day.  However, the auction manager may, at any time, modify the schedule of assignment rounds.  If this occurs, the auction manager must tell all bidders in writing of the change as soon as practicable.

(6) The auction manager has discretion over the duration of assignment rounds.

(7) The auction manager has discretion over the order of the products that are to become the subject of an assignment round.

(8) Two or more products may be the subject of a given assignment round. A product must not be the subject of more than one assignment round.

Part