Document ID: chunk:federal_register_of_legislation:F2016L01970:reg:74
Version: federal_register_of_legislation:F2016L01970
Segment Type: reg
Provision Reference: reg 74
Character Range: 85345–85984

74  Sufficient deposit – issue of spectrum licence without further payment
 (1) If, for a winning bidder, the balance of the upfront winning price is less than zero:
 (a) the ACMA must refund the deposit in excess of the total of the upfront winning price for the winning bidder; and
 (b) the bidder is entitled to be issued a spectrum licence for each part of the spectrum allocated to the winner without further payment.
 (2) If, for a winning bidder, the balance of the upfront winning price is zero, the bidder is entitled to be issued a spectrum licence for each part of the spectrum allocated to the winner without further payment.