Document ID: chunk:federal_register_of_legislation:F2020L01450:clause:6_11:p1
Version: federal_register_of_legislation:F2020L01450
Segment Type: clause
Provision Reference: sch 6 cl 11 (pt 1/2)
Character Range: 12771–15273

11  The auction
 (1) The ACMA has divided up the 26 GHz band into products described in Schedule 2. Each product is characterised by:
 (a) the region for the product, specified in an item of column 4 of Table 1 in Schedule 2;
 (b) the frequency range for the product, worked out by reference to the category of the product, specified in an item of column 3 of Table 1 in Schedule 2.
 (2) The number of units of each product that will be available at the auction is set out in column 5 of Table 1 in Schedule 2. A unit of a product is referred to in this instrument as a lot.
 (3) The ACMA has included each product into one of three categories, described in Schedule 1. The category for a product is specified in an item of column 3 of Table 1 in Schedule 2.
 (4) The lot bandwidth for a lot of a product is:
 (a) for a product included in category 1 – 200 MHz unpaired;
 (b) for a product included in category 2 or category 3 – 100 MHz unpaired.
Note: See also column 5 of Table 1 in Schedule 1.
 (5) The ACMA will set a lot rating for the lots of each product under paragraph 27(1)(b) of the allocation determination.
 (6) The auction will be held in accordance with the procedures set out in the allocation determination. All lots of each product will be available for allocation in accordance with the allocation determination.
 (7) The auction will be carried out in three stages:
 (a) the primary stage, at which all lots are offered and which determines the number of lots of each product allocated to, and the primary price to be paid by, each winning bidder in accordance with the allocation determination; and
 (b) the secondary stage, at which residual lots are offered and which determines the number of such lots allocated to, and the secondary price to be paid by, each winning bidder in accordance with the allocation determination; and
 (c) the assignment stage, which determines frequency ranges assigned to the lots of each product allocated to each winning bidder and the assignment price to be paid in accordance with the allocation determination.
Note: The allocation determination sets out the detailed rules and procedures for each stage of the auction. There will only be a secondary stage if there is at least one product for which there is exactly one lot remaining unallocated after the end of the primary stage (a residual lot) and there is at least one bidder eligible to bid on that lot.
 (8) The primary stage includes a pre-bidding phase that allows bidders to change or