Document ID: chunk:federal_register_of_legislation:F2015L01373:body:0:p13
Version: federal_register_of_legislation:F2015L01373
Segment Type: other
Provision Reference: 
Character Range: 30644–33371

associates of other applicants.

 (4) The updated information does not need to include those applicants who have already withdrawn.

 (5) The new applicant must, no later than 3 working days after the ACMA gives the new applicant the updated information (or, if the ACMA agrees to a later time, the agreed time), give the ACMA:
 (a) a completed deed of acknowledgement form; and
 (b) a completed deed of confidentiality form; and
 (c) a statutory declaration that the new applicant is not affiliated with any other applicant in the updated information.

 (6) If a document for paragraph (2) (a), (5) (a) or (5) (b) is given to the ACMA by email or fax before the applicable deadline, the original document must be received by the ACMA no later than 3 working days after the deadline under subsection (5) (or, if the ACMA agrees to a later time, the agreed time) for the application to be valid.

 (7) The ACMA must not accept a new application under this section unless it is satisfied that the new applicant is not affiliated with any applicant who has not withdrawn, including another new applicant.

Division 4 Setting other elements of the auction

4.13 Increments

  After the application deadline, the ACMA must set the following 2 amounts:
 (a) the increment of price per lot rating;
 (b) the increment of percentage of high bid.

Note   The auction manager may vary the amounts set under section 4.13 — see clause 8 in Schedule 1.

4.14 Stages of auction, eligibility percentage and waivers

  After the application deadline, the auction manager must:
 (a) fix the number of stages for the auction; and
 (b) fix a percentage to be applied in calculating the activity target during each stage of the auction (the eligibility percentage); and
 (c) fix the number of waivers for each bidder, being the same number for all bidders; and
 (d) tell all bidders of these matters.

Division 5 Eligibility nomination and financial security

4.15 Lodging eligibility nomination form

 (1) An applicant must nominate its initial eligibility points by giving the ACMA a completed eligibility nomination form before the eligibility deadline.

 (2) The maximum number of initial eligibility points that an applicant may nominate is the total of the lot ratings of all lots to be auctioned.

Note   A person's ability to use eligibility points in the auction is restricted by the allocation limits in section 2.1.

 (3) An applicant may change the number of initial eligibility points nominated by giving the ACMA a new eligibility nomination form at any time until the eligibility deadline, but not after the deadline.

 (4) If an eligibility nomination form is given to the ACMA by email or fax before the eligibility deadline,