Document ID: chunk:federal_register_of_legislation:F2020L01453:schedule:1:p17
Version: federal_register_of_legislation:F2020L01453
Segment Type: schedule
Provision Reference: sch 1 (pt 17/19)
Character Range: 152477–155177

lots of the product for the increase bid of the bidder;
         in the clock round does not exceed the bidder's allocation limits (when expressed in MHz) applicable to the product (other than a lower band product and an upper band product) or applicable to any one of the combined products;
          Note: 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.

         (e)      for an increase bid for lots of a product – the sum of:
            (i) the number of lots for the bidder's start demand for the product; and
            (ii) the number of lots for the bidder's increase bid for the product;
          in the clock round is not greater than the number of lots for the supply of the product;

         (f)       for an increase bid for lots of a product – for a bidder that selected a minimum spectrum requirement, if the number of lots for the bidder's start demand for the product in the clock round is equal to zero, the number of lots for the bidder's increase bid for the product in the clock round is at least the minimum spectrum requirement for the lots of the product;

         (g)  for a decrease bid for lots of a product – the difference between:
            (i)            the number of lots for the bidder's start demand for the product; and
            (ii)         the number of lots for the bidder's decrease bid for the product;
           in the clock round is not less than zero;

         (h)  for a decrease bid for lots of a product – for a bidder that selected a minimum spectrum requirement, the difference between:
            (i)            the number of lots of the bidder's start demand for the product; and
            (ii)         the number of lots for the bidder's decrease bid for the product;
          in the clock round is either zero or at least the minimum spectrum requirement for the lots of the product;

         (i) for an increase bid or a decrease bid – the sum, in eligibility points, of:
            (i)            the total value of the lots of each product, in eligibility points, for all the start demands of the bidder; and
            (ii)         the total value of the lots of each product, in eligibility points, for all the increase bids