Document ID: chunk:federal_register_of_legislation:F2020L01453:schedule:1:p6
Version: federal_register_of_legislation:F2020L01453
Segment Type: schedule
Provision Reference: sch 1 (pt 6/19)
Character Range: 125161–127859

in part, if any, before the remainder of the increase bid is to be processed; and
         (c) the number of lots for the increase bid of the product that is being processed.

          Note: In the case of an increase bid that has been applied in part, the remainder of the increase bid will still have to be processed for the current clock round.
      (3) If the available activity (in eligibility points), immediately before an increase bid is processed, is less than the sum of the lot ratings for the increase bid that is to be processed, the increase bid is applied in part, such that the provisional posted demand for the lots of a product of a bidder is equal to the sum of:
         (a)      the number of lots of the product for the start demand of the bidder; and
         (b)      the number of lots for the parts of the increase bid of the product that have already been applied in part, if any, before the remainder of the increase bid is to be processed; and
         (c)      the quotient, when expressed in number of lots, of:
            (i)            the available activity (in eligibility points); and
            (ii)         the lot rating for the lot of the product;
      rounded down to the nearest integer.

           Note 1: Subparagraph (c)(i) is the numerator. Subparagraph (c)(ii) is the denominator.

           Note 2: In the case of an increase bid that has been applied in part, the remainder of the increase bid will still have to be processed for the current clock round.
     (4) If:
         (a)      a minimum spectrum requirement has been selected for the lots of the product by the bidder; and
         (b)      the provisional posted demand calculated in accordance with subclause (3) would have been less than the minimum spectrum requirement which has been selected for the lots of that product by the bidder;
      the increase bid is rejected and the provisional posted demand for the lots of that product of the bidder is equal to zero.
      (5) If the provisional posted demand for the lots of a product of a bidder calculated in accordance with either subclause (2) or (3), whichever is the case, would have caused the bidder to exceed the bidder's allocation limits (when expressed in number of lots) applicable to the product (other than a lower band product and an upper band product) or applicable to any one of the combined products, the provisional posted demand is reduced by the number of lots necessary to ensure that the provisional posted demand does not exceed the bidder's allocation limits (when expressed in number of lots) applicable to the product (other than a lower band product and an upper band product) or applicable to any