Document ID: chunk:federal_register_of_legislation:F2021L01155:reg:6
Version: federal_register_of_legislation:F2021L01155
Segment Type: reg
Provision Reference: reg 6
Character Range: 250546–251259

6  Validity of assignment bids
  An assignment bid is valid if all of the following apply in relation to the bid:
 (a) except where subsection 64(2) applies, the assignment bid is received by the auction system between the start time and the end time of the assignment round for a product or group of products;
 (b) the assignment bid is for a frequency range in the list of frequency range options provided to the assignment bidder who made the bid;
 (c) the bid price is a multiple of 1,000.
Note: Subsection 64(2) allows the auction manager to permit an assignment bid to be made after an assignment round has ended, in certain circumstances.

Part 4 Determining winning assignment bids and assignment prices