Document ID: chunk:federal_register_of_legislation:F2015L01440:body:0:p10
Version: federal_register_of_legislation:F2015L01440
Segment Type: other
Provision Reference: 
Character Range: 22451–25132

ACMA.
4.13 Close of auction
 (1) The auction in relation to a particular lot is closed after the successful applicant has been identified or verified to the ACMA.
 (2) The ACMA will notify each successful applicant for each lot, by receipted mail, of the balance of the bid price.
 (3) A successful applicant must pay the balance of the bid price within 10 business days after the date of the notice in accordance with section 2.5.
4.14 Lot offered at auction but not allocated
 (1) Subject to subsection 4.14 (2) if a lot is not allocated at the auction, applications for that lot cease to have effect.
 (2) If a successful applicant is in default of its financial obligations to the ACMA and the lot is treated as unallocated pursuant to paragraph 6.3 (1) (d), the ACMA may, with the consent of an unsuccessful applicant, treat the registration documents lodged by an unsuccessful applicant in relation to that particular lot as valid registration documents in any future allocation for that lot under this Determination.
4.15 Refund of auction deposit to unsuccessful applicant(s)
  The ACMA must refund the auction deposit(s) to all unsuccessful applicants for a lot as soon as practicable after an auction.
          Part 5 Allocation of a lot if there is only one applicant

5.1 Application of Part 5
  This Part applies if there is only one applicant for a particular lot.
5.2 Notice to registered applicant
 (1) Within 25 business days after the closing date, the ACMA must give the registered applicant for the particular lot a notice, by receipted mail, setting out:
 (a) that the applicant is the successful applicant (the successful applicant); and
 (b) the amount of the reserve price for the lot.
 (2) Within 10 business days after the date of the notice the successful applicant must either:
 (a) pay the reserve price for the lot in accordance with section 2.5; or
 (b) advise the ACMA in writing that the application has been withdrawn.
5.3 Default by successful applicant
  If the successful applicant fails to comply with paragraph 5.2 (2) (a), the application ceases to have effect and the applicant is not entitled to obtain a transmitter licence in relation to that particular lot.
         Part 6 Issue of a licence to a successful applicant

6.1 Form of licence
 (1) The transmitter licence must be substantially in accordance with the sample transmitter licence in Schedule 1.
 (2) The transmitter licence comes into force on the day specified in the licence as the day it comes into force.
 (3) The transmitter licence remains in force for the period specified in the licence, starting on the day specified in the licence as the day it comes into force.