Document ID: chunk:federal_register_of_legislation:F2020L01453:schedule:2:p6
Version: federal_register_of_legislation:F2020L01453
Segment Type: schedule
Provision Reference: sch 2 (pt 6/13)
Character Range: 171173–173759

2: The spectrum licence limits direction sets limits on the allocation of spectrum licences to a single person, or a specified group of persons, in designated areas. However, in the marketing plan, the lots in the Greater Perth, Hobart and Margaret River areas are each divided into two different products, such that each area has a lower band product and an upper band product. For the purposes of the allocation limits, the two products of each area are treated as just one product. For all other purposes, they are to be treated as two products.
      (2) After each round of the secondary stage, the auction manager must provide the following information for that round to each bidder, using the auction system:
         (a)      the bids made (if any) by the bidder during the round;
         (b)      if, as a result of the round, the bidder is the secondary winner for a lot – the secondary price for that lot;
         (c)      for each lot available for bidding in that round that meets the minimum spectrum requirement test for the bidder and on which the bidder may make a bid – the number of bidders remaining in the secondary stage of the auction for that lot after the end time of the round;
         (d)      any other information the auction manager considers necessary or convenient to conduct the secondary stage of the auction.
      (3) Subclauses (1) and (2) do not prevent the auction manager or the ACMA from providing the information specified in those subclauses to other bidders at any time during the secondary stage.

      6 Recess days
      (1) The auction manager may declare a day to be a recess day (whether or not the day is a working day).
      (2) Before declaring a recess day, the auction manager must give bidders an opportunity to comment on the proposed declaration and take into account any comments received.
      (3) If the auction manager decides to declare a day to be a recess day the auction manager must tell each bidder of this.

Part 3—Bidding in the secondary stage

      7 When bidder cannot make a bid on a lot
       If, in a round of the secondary stage:
         (a)      a bidder does not make a bid on a lot; or
         (b)      a bidder is an exit bidder in the circumstances set out in clause 13 in relation to a lot;
 the bidder cannot make a bid on that lot in any subsequent round of the secondary stage.
          Note 1: A bidder makes a continue bid or exit bid on a lot in a round of the secondary stage in the circumstances specified in clause 11 or 13.
          Note 2: An exit bid made by the bidder may still