Document ID: chunk:federal_register_of_legislation:F2018L01065:schedule:3:p1
Version: federal_register_of_legislation:F2018L01065
Segment Type: schedule
Provision Reference: sch 3 (pt 1/6)
Character Range: 177534–180279

Schedule 3—Rules for the assignment stage of the auction
(subsections 4(1) and 49(3))

Part 1—Application and interpretation

      1 Application of Schedule
        This Schedule applies to the lots of each product that were allocated to a bidder in the primary stage or secondary stage.

          Note: There is only a secondary stage if there is at least 1 product for which there was only 1 unallocated lot after the primary stage.

      2 Interpretation
       In this Schedule:
      assignment bid: see subclauses 5(1), 5(5) and 5(6).
assignment price means an amount charged for the assignment of a particular frequency range.
assignment round means a round in the assignment stage for the making of assignment bids for the assignment of frequency ranges to the lots of each product that were allocated to a bidder in the primary stage or secondary stage.
assignment winner: see subclause 8(7).
list of frequency range options includes a set of frequency range options.
results: see clause 9.

total assignment price: see subclause 8(8).
      Note: For the definition of size, see subsection 5(2) of this instrument.

Part 2—Arrangements for assignment stage

3 Schedule for assignment rounds of the assignment stage
(1) After the completion of the primary stage and secondary stage (if any), the auction manager must announce:
(a)      the anticipated start time and end time of each assignment round; and
(b)      the product or products that will be the subject of each assignment round.
(2) There must be at least 2 working days between the completion of the primary stage and secondary stage (if any) and the first assignment round.
(3) Assignment rounds must start and end between 9.00 am and 5.00 pm on working days.
(4) The scheduling of assignment rounds between those times is at the auction manager's discretion.
(5) The start time and end time of each assignment round must be announced at least 1 hour before the assignment round starts.
(6) The auction manager has discretion over the duration of assignment rounds.
(7) The auction manager has discretion over the order of the products that are to become the subject of an assignment round.
(8) Two or more products may be the subject of a given assignment round. A product must not be the subject of more than one assignment round.

Part 3—Bidding in the assignment stage

4 Frequency range options in assignment rounds
(1) Bidding in an assignment round is only open to bidders who were allocated, in the primary stage or secondary stage, at least one lot of a product that is the subject of the assignment round.

(2) Subject to subclauses (3) and (4), for each product, the auction manager must determine a list of frequency range options available to each bidder so