Document ID: chunk:federal_register_of_legislation:F2021L01155:reg:55
Version: federal_register_of_legislation:F2021L01155
Segment Type: reg
Provision Reference: reg 55
Character Range: 119798–121094

55  Bidders to notify the ACMA if register incorrect
 (1) 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.
 (2) Subject to subsection (5), if the auction manager is satisfied that information on the register is incorrect, the auction manager may correct the register.
 (3) Examples of information that is incorrect for the purposes of subsection (2) are information that contains a clerical error, information that contains an obvious mistake, or information that contains an omission.
 (4) Subsection (3) does not limit subsection (2).
 (5) The auction manager must not change the matter in paragraph 53(2)(g).
Note: Once a set-aside applicant has stated, in its application form, that it elects to take up a set-aside lot of both of the 900 upper major population product and the 900 upper regional product, the applicant becomes a set-aside participant, and that status cannot be changed unless provided for by this instrument. The instrument does not provide for that status to be changed for a person at any time after the ACMA registers the person as a bidder under section 54.

Division 8 Preparation for bidding and scheduling rounds of the auction