Document ID: chunk:federal_register_of_legislation:F2018L01065:clause:3_64:p1
Version: federal_register_of_legislation:F2018L01065
Segment Type: clause
Provision Reference: sch 3 cl 64 (pt 1/5)
Character Range: 93863–96421

64  Results of the auction
 (1) After the winning bidders and winning prices are determined, the auction manager must tell each winning bidder:
(a)      the number of lots of each product allocated to the winning bidder;
(b)      the frequency ranges assigned to the lots allocated to the winning bidder; and
(c)      the winning price to be paid by the winning bidder for the lots allocated and frequency ranges assigned to the lots allocated.
 (2) After the winning bidders and winning prices are determined, the auction manager must tell all bidders:
(a)      the number of winning bidders in the auction; and
(b)      the frequency ranges for each product in relation to the lots allocated in the auction.

65 Sufficient eligibility payment – issue of spectrum licence without further payment
 (1) If the balance of the winning price for a winning bidder is an amount less than zero:
(a)      the ACMA on behalf of the Commonwealth must refund the eligibility payment in excess of the winning price; and
(b)      the bidder is entitled to be issued a spectrum licence for each part of the spectrum assigned to the lots allocated to the bidder without further payment.
 (2) If the balance of the winning price for a winning bidder is zero, the bidder is entitled to be issued a spectrum licence for each part of the spectrum assigned to the lots allocated to the bidder without further payment.
          Note: For the issue of spectrum licences, see section 62 of the Act.

66 Payment of balance of winning price
 (1) If the balance of the winning price for a winning bidder is an amount greater than zero, the ACMA must notify the bidder by registered mail of the balance.
 (2) The balance of the winning price must be paid by the winning bidder to the ACMA on behalf of the Commonwealth no later than 20 working days after the date of the notice.
Note 1: The date of notice will be before the spectrum licences come into force.
Note 2: For information on how a balance of the winning price must be paid, see section 9.
 (3) If the ACMA becomes aware that a notice under subsection (1) contains a material error, the ACMA must give the winning bidder a revised notice by registered mail.
 (4) If the ACMA gives a winning bidder a revised notice, the balance of the winning price must be paid no later than:
(a)      if the revised notice is given within 20 working days after the date of the original notice – no later than 30 working days after the date of the original notice; or
(b)      if the revised notice is given more than 20 working days after