Document ID: chunk:federal_register_of_legislation:F2020L01453:schedule:2:p2
Version: federal_register_of_legislation:F2020L01453
Segment Type: schedule
Provision Reference: sch 2 (pt 2/13)
Character Range: 161399–164007

the related upper band product are available for bidding in the secondary stage; and
         (d)      the auction manager must nominate a time and date, which is before the first round of the secondary stage, before which an affected bidder may make a nomination under subclause (2) (the nomination deadline).
      (2)     Before the nomination deadline, a bidder may nominate in writing either (but not both):
         (a)      to bid on the lot for the lower band product; or
         (b)       to bid on the lot for the related upper band product.
      (3)      If a bidder nominates in accordance with subclause (2) to bid on the lot for the lower band product, the bidder must not make a bid during the secondary stage on the lot for the related upper band product.
      (4)     If a bidder nominates in accordance with subclause (2) to bid on the lot for the related upper band product, the bidder must not make a bid during the secondary stage on the lot for the lower band product.
      (5)     If a bidder does not nominate in accordance with subclause (2), the bidder must not make a bid on either of the two related lots.
          Note 1: Paragraph 12(e) makes any bid on a single lot of a lower band product or an upper band product that are related products invalid if it would exceed the bidder's allocation limits applicable to the combined products to which the related products belong.

          Note 2: The spectrum licence limits direction sets limits on the allocation of spectrum licences to a single person, or a specified group of persons, in designated areas. However, in the marketing plan, the lots in the Greater Perth, Hobart and Margaret River areas are each divided into two different products, such that each area has a lower band product and an upper band product. For the purposes of the allocation limits, the two products of each area are treated as just one product. For all other purposes, they are to be treated as two products.

      2 Interpretation
      (1) In this Schedule:

      bid means a bid made on a single lot during the secondary stage, and includes a bid taken to be made on a single lot.
      bid increment percentage: see subclause 3(7).
      bidder, for a round of the secondary stage, means a bidder who may make a bid on a lot in that round in accordance with clause 10.
          Note: Clause 10 sets out the general rules for a bidder to make a bid on a lot in a round of the secondary stage.  Among other things, a bidder may only make a bid on a lot if the lot meets the minimum spectrum requirement test for the bidder.
      continue