Document ID: chunk:federal_register_of_legislation:F2021L01155:reg:2b:p2
Version: federal_register_of_legislation:F2021L01155
Segment Type: reg
Provision Reference: reg 2B (pt 2/4)
Character Range: 169015–171646

part, if any, before the remainder of the increase bid is to be processed; and
 (c) the quotient, when expressed in number of lots, of:
 (i) the available activity (in eligibility points); and
 (ii) the lot rating for the lot of the product;
  rounded down to the nearest integer.
Note 1: Subparagraph (c)(i) is the numerator. Subparagraph (c)(ii) is the denominator.
Note 2: In the case of an increase bid that has been applied in part, the remainder of the increase bid will still have to be processed for the current clock round. When processed, the remainder of the increase bid will either be applied in full, applied in part, or rejected.
Increase bid applied in part – adjustment for allocation limits
 (4) Subject to subclause (10), if:
 (a) a bidder is not a set-aside participant; and
 (b) the bid is for lots of a major population product; and
 (c) but for the operation of this subclause, the provisional posted demand for lots of a product of the bidder calculated in accordance with either subclause (2) or (3), whichever is the case, would have caused the bidder to exceed the bidder's allocation limits (when expressed in number of lots) for major population products;
  the provisional posted demand of the bidder for the lots of the product is reduced by the number of lots necessary to ensure the provisional posted demand does not exceed the bidder's allocation limits (when expressed in number of lots) for major population products.
Note 1: See section 7 of the spectrum licence limits direction.
Note 2: See also paragraph 15(1)(d).
 (5) Subject to subclause (10), if:
 (a) a bidder is not a set-aside participant; and
 (b) the bid is for lots of a regional product; and
 (c) but for the operation of this subclause, the provisional posted demand for lots of a product of the bidder calculated in accordance with either subclause (2) or (3), whichever is the case, would have caused the bidder to exceed the bidder's allocation limits (when expressed in number of lots) for regional products;
  the provisional posted demand of the bidder for the lots of the product is reduced by the number of lots necessary to ensure the provisional posted demand does not exceed the bidder's allocation limits (when expressed in number of lots) for regional products.
Note 1: See section 7 of the spectrum licence limits direction.
Note 2: See also paragraph 15(1)(e).
 (6) Subject to subclause (10), if:
 (a) a bidder is a set-aside participant; and
 (b) the bid is a bid for lots of a major population product; and
 (c) but for the operation of this subclause, the sum of:
 (i) the provisional posted demand for lots of