Document ID: chunk:federal_register_of_legislation:F2023L00865:reg:137
Version: federal_register_of_legislation:F2023L00865
Segment Type: reg
Provision Reference: reg 137
Character Range: 196372–197750

137  Scheduling of products and rounds
 (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 48 hours between the completion of the secondary stage (or the primary stage, if there is no secondary stage) and the start of 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) There is no minimum or maximum length for an assignment round, and no minimum or maximum length for the interval between 2 rounds.
 (6) The auction manager has discretion over the duration of assignment rounds.
 (7) The auction manager must set the order in which the products are the subject of assignment rounds.
 (8) A product must not be the subject of more than one assignment round, but 2 or more products may be the subject of one assignment round.
 (9) The auction manager may, at any time, modify the schedule of assignment rounds. If this occurs, the auction manager must tell all bidders in writing of the change as soon as practicable.

Subdivision C—Bidding in the assignment stage