Document ID: chunk:federal_register_of_legislation:F2018L00366:reg:5:p2
Version: federal_register_of_legislation:F2018L00366
Segment Type: reg
Provision Reference: reg 5 (pt 2/2)
Character Range: 3806–4953

applicant or authorised agent;
           (c) an employee of a related body corporate that provides services to the applicant or authorised agent.

       reserve price, for a licence, means the reserve price set by the ACMA under section 11.

       successful applicant, for a licence, means:
           (a)   if there is more than one registered applicant for the licence — the registered applicant who, or whose authorised agent, has bid an amount that is:
           (i)   the highest bid for that licence; and
           (ii)  at least the reserve price for the licence;
           at a Licence Allocation Exercise held for the licence; or
           (b)   if there is only one registered applicant for the licence — the registered applicant.

       winning price, for a commercial broadcasting licence which is allocated in accordance with Part 4, means the amount of the price bid for the licence by the successful applicant or its authorised agent.

            Note: Paragraph 13(1)(b) of the Legislation Act 2003 has the effect that expressions used in this Determination have the same meaning as in the Broadcasting Services Act 1992.