Document ID: chunk:federal_register_of_legislation:F2023L00854:clause:7_10:p4
Version: federal_register_of_legislation:F2023L00854
Segment Type: clause
Provision Reference: sch 7 cl 10 (pt 4/5)
Character Range: 20692–23364

which:
 (i) determines frequency ranges assigned to the lots of each 3.4 GHz product allocated to each winning bidder, and the total assignment price to be paid in accordance with the allocation determination; and
 (ii) may result in the allocation of leftover lots not allocated in accordance with paragraph (a).
Note: The allocation determination sets out the detailed rules and procedures for each stage of the auctions.
 (20) The primary stage of the 3.7 GHz auction includes a pre-bidding round that allows bidders to enter their start demands and minimum spectrum requirements for 3.7 GHz products, subject to the requirements of the allocation determination. The primary stage of the 3.4 GHz auction includes a pre-bidding round that allows bidders to enter their start demands and minimum spectrum requirements for 3.4 GHz products, subject to the requirements of the allocation determination.
Note: The minimum spectrum requirement for any product is 2 lots.
 (21) The secondary stage of the 3.7 GHz auction (if any) includes a pre-bidding round that allows bidders to enter bids for residual lots they wish to bid on during that stage. The secondary stage of the 3.4 GHz auction (if any) includes a pre-bidding round that allows bidders to enter bids for residual lots they wish to bid on during that stage. If a bidder does not enter a bid for a residual lot during the pre-bidding round in a secondary stage, the bidder cannot make any bid on that lot during any subsequent round of that secondary stage.
Issuing licences
 (22) Subject to the requirements of the Act, any other relevant laws, this instrument and the allocation determination, the ACMA will issue one spectrum licence to each winning bidder allocated one or more lots of 3.7 GHz products. The spectrum licence will be for the number of lots of each 3.7 GHz product allocated to that winning bidder during the 3.7 GHz auction, for the frequency ranges assigned to that person for those lots during the assignment stage of the 3.7 GHz auction, in the region for each relevant 3.7 GHz product.
 (23) Subject to the requirements of the Act, any other relevant laws, this instrument and the allocation determination, the ACMA will issue one spectrum licence to each winning bidder allocated any of the following:
 (a) one or more lots of 3.4 GHz products;
 (b) one or more leftover lots.
  The spectrum licence will be for the number of lots of each 3.4 GHz product allocated to that winning bidder during the 3.4 GHz auction, for the frequency ranges assigned to that person for those lots during the assignment stage of the 3.4 GHz auction, in the region for each relevant 3.4 GHz product, and for