Document ID: chunk:federal_register_of_legislation:C2024C00828:section:2
Version: federal_register_of_legislation:C2024C00828
Segment Type: section
Provision Reference: s 2
Character Range: 291454–292332

2                                                     2 or more eligible applicants (tied applicants) make qualifying cash bids that are:          invite each tied applicant, by written notice (a tie‑breaking invitation), to make a higher cash bid within a period stated in the tie‑breaking invitation.
                                                      (a) equal to each other's cash bids; and
                                                      (b) either the only qualifying cash bids, or higher than all the other qualifying cash bids

Note 1: Section 259 sets out additional requirements for offer documents (for example, a requirement that an offer document must contain a summary of conditions).
Note 2: If an applicant breaches a requirement under section 258 to provide further information, the Joint Authority may refuse to give the applicant an offer document.