Document ID: chunk:federal_register_of_legislation:F2016L01929:reg:10:p3
Version: federal_register_of_legislation:F2016L01929
Segment Type: reg
Provision Reference: reg 10 (pt 3/3)
Character Range: 16957–17650

the nearest $1,000) as determined by the ACMA.

Payment of spectrum access charges by instalments – amounts secured by guarantee
 (13)  If the ACMA requires a person paying spectrum access charges by instalments for a spectrum licence allocated in accordance with this instrument to provide a bank guarantee, the following conditions apply:
  (a) the bank guarantee is only required to be provided for the period during which any spectrum access charges remain owing by that person; and
  (b) the maximum amount that may be claimed by the Commonwealth under the bank guarantee must not at any time exceed 5% of the amount of the spectrum access charges owing to the Commonwealth at that time.