Document ID: chunk:federal_register_of_legislation:F2021L01155:reg:6
Version: federal_register_of_legislation:F2021L01155
Segment Type: reg
Provision Reference: reg 6
Character Range: 220939–223347

6  Information available during the secondary stage
 (1) Before the start time of each round of the secondary stage, the auction manager must provide the following information to each bidder for that round, using the auction system:
 (a) the start time of the round;
 (b) the end time of the round;
 (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:
 (i) the specified price that will apply to the lot in the round; and
 (ii) for the first round of the secondary stage – the starting price for the lot; and
 (iii) for each round other than the first round of the secondary stage – the specified price that applied to that lot in the previous round of the secondary stage; and
 (iv) the total number of bidders for whom:
                   (A) the lot meets the minimum spectrum requirement test; and
                   (B) allocation of the lot would not exceed the bidder's allocation limits;
 (d) any other information the auction manager considers necessary or convenient to conduct the secondary stage.
Note 1: Clause 11 sets out the general rules for a bidder to make a bid on a lot in a round of the secondary stage. Among other things, a bidder may only make a bid on a lot if the lot meets the minimum spectrum requirement test for the bidder.
Note 2: For sub-subparagraph (c)(iv)(B), see section 7 of the spectrum licence limits direction.
 (2) After the end time of each round of the secondary stage, the auction manager must provide the following information to each bidder for that round, using the auction system:
 (a) the bids (if any) made 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.