Document ID: chunk:federal_register_of_legislation:F2016L01970:clause:1_2:p2
Version: federal_register_of_legislation:F2016L01970
Segment Type: clause
Provision Reference: sch 1 cl 2 (pt 2/2)
Character Range: 107692–109025

for bids on the 5 MHz lot, the auction manager must provide the following information to each bidder who nominated the 5 MHz lot as a preferred lot, using the auction system:
 (a) the start time of the round;
 (b) the end time of the round;
 (c) the specified price that will apply to the 5 MHz lot in the round;
 (d) for each round other than the first round, the specified price that applied to the 5 MHz lot in the previous round;
 (e) the total number of bidders that have nominated the 5 MHz lot as a preferred lot;
 (f) the number of bidders remaining in the auction for the 5 MHz lot after the end of the previous round;
 (g) any other information the ACMA considers necessary or convenient to conduct the auction.
 (8) After each round for bids on the 5 MHz lot, the auction manager must provide the following information to each bidder who nominated the 5 MHz lot as a preferred lot, using the auction system:
 (a) the bid made by the bidder during the round (if any);
 (b) for each round other than the final round for the 5 MHz lot– the number of bidders remaining in the auction for the lot after the round;
 (c) if, as a result of the round, the bidder is the winning bidder for the 5 MHz lot – the winning price for that lot;
 (d) any other information the ACMA considers necessary or convenient to conduct the auction.