Document ID: chunk:federal_register_of_legislation:F2015L01373:body:0:p19
Version: federal_register_of_legislation:F2015L01373
Segment Type: other
Provision Reference: 
Character Range: 45433–48088

the person who executed the deed is a person mentioned in subsection 4.16 (4).

 (2) After the eligibility deadline, the ACMA must, in writing, tell a bidder that the bidder has been registered and may participate in the auction, and give the bidder the following:
 (a) a copy of the information recorded on the register for the bidder;
 (b) the ACMA's email address and telephone and fax numbers available for use by bidders;
 (c) information about accessing and using the auction system;
 (d) any items required for access;
 (e) information about how to bid by alternative means if the bidder is unable to submit a bid using the auction system.

Note   Information provided to a bidder under this section for the purpose of participating in the auction is defined as confidential information under section 3.1.

6.3 Bidders to notify ACMA if register incorrect

  If a bidder knows that any of the information about the bidder or the bidder's associates on the register is incorrect, the bidder must immediately give the ACMA the correct information.

6.4 Preparation for bidding

  The ACMA must give each bidder an opportunity to try out the auction system before the auction commences.

6.5  Security of auction

 (1) A bidder must ensure that any items provided to the bidder for the purpose of accessing the auction system are kept secure during the auction period.

 (2) The bidder must notify the ACMA immediately if any item provided to the bidder for the purpose of accessing the auction system is lost or stolen during the auction period.

Division 2  Setting elements of the auction

6.6 Auction procedures

 (1) The auction consists of a number of stages, each of which is made up of a number of rounds.

 (2) The first round of the auction starts on the date and time for that round set by the auction manager under subsection 6.7 (1).

 (3) The rounds of the auction are to be conducted in accordance with the rules in Part 1 of Schedule 1.

6.7 First and second rounds

 (1) After the eligibility deadline, the auction manager must set the start date and time of the first and second rounds of the auction.

 (2) The auction manager must notify bidders of the start date and time of the first and second rounds at least 10 working days before the day of the first round.

Division 3 Procedures for bidding instructions not using the auction system and for exceptional circumstances

6.8 Auction manager's discretion to accept bidding instructions

 (1) The auction manager may permit a bidder to submit a bidding instruction during the bidding period for a round by a method other than the auction system if the auction manager is