Document ID: chunk:federal_register_of_legislation:F2021L01155:reg:5
Version: federal_register_of_legislation:F2021L01155
Segment Type: reg
Provision Reference: reg 5
Character Range: 220173–220939

5  Rounds of the secondary stage
 (1) Each residual lot is available for bidding:
 (a) in the first round of the secondary stage; and
 (b) in each subsequent round of the secondary stage until the final round for bids on that lot.
 (2) Subject to this Schedule, during a round of the secondary stage, each bidder may make a bid on each lot that:
 (a) is available for bidding during the round; and
 (b) meets the minimum spectrum requirement test for the bidder; and
 (c) is not a lot the bidder is prohibited from bidding on, in accordance with subclause 2(6) or 2(7).
Note 1: Each bid is made on a single lot: see the definition of bid in subclause 3(1),
Note 2: Subclauses 2(6) and 2(7) prevent some bidders from bidding on some lots.
Note 3: See also clause 8.