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: 263255–264020

5  Default
  If a winning bidder does not pay the balance of the winning price in accordance with the notice given under subclause 3(1):
 (a) spectrum licences are not allocated to the winning bidder under this instrument; and
 (b) the allocation of spectrum licences in accordance with this instrument to other bidders is not affected; and
 (c) section 80 applies to each lot (and associated spectrum assigned to each lot), including the downshift metropolitan lot and the downshift regional lot, that, but for this subclause, would have been included in a spectrum licence allocated to the winning bidder.
Note: See section 85 for when certain breaches of this instrument have occurred, and section 89 in relation to other rights of the ACMA and the Commonwealth.