Document ID: chunk:federal_register_of_legislation:F2023L00865:reg:4
Version: federal_register_of_legislation:F2023L00865
Segment Type: reg
Provision Reference: reg 4
Character Range: 189117–189967

4                                         (a) no continue bid was made on the lot in the final round for the lot; and                  the bid made by the bidder selected under subsection (4)
                                          (b) two or more exit bids were made on the lot in the final round for the lot; and
                                          (c) two or more of those exit bids were equal (the tied exit bids); and
                                          (d) the tied exit bids were greater than each other exit bid mentioned in paragraph (b)

Tiebreaker process
 (4) For item 4 of the table, the bidder will be selected from the bidders who made the tied exit bids using a pseudorandom process.

Unallocated lots
 (5) If no valid bids are made on the lot, the lot is not allocated in the secondary stage.
Note: See section 150.