Document ID: chunk:federal_register_of_legislation:F2018L00366:reg:22
Version: federal_register_of_legislation:F2018L00366
Segment Type: reg
Provision Reference: reg 22
Character Range: 20019–21387

22  Bidding

       (1)   The person conducting a Licence Allocation Exercise may start the bidding at any amount that they think is appropriate.

       (2)   If the bidding for a licence does not reach the reserve price for the licence, the Licence Allocation Exercise for that licence is terminated.

        (3)   If a dispute arises during a Licence Allocation Exercise concerning:
           (a) a bid; or
           (b) a person's entitlement to bid; or
           (c) the conduct of the Licence Allocation Exercise;
        the person conducting the Licence Allocation Exercise must determine the dispute, and must then, as they think is appropriate:
            (d)   continue the Licence Allocation Exercise; or
            (e)   terminate the Licence Allocation Exercise; or
           (f) re-start the bidding at an amount that they think is appropriate.

       (4)   A decision under subsection (3) of the person conducting a Licence Allocation Exercise is final.

       (5)   If a Licence Allocation Exercise for a licence is terminated under this section, the ACMA is not obliged to continue the allocation of the licence as stated in a notice published under subsection 38(1) of the Broadcasting Services Act 1992.

            Note:   See section 38 regarding the re-offer of a licence for which a Licence Allocation Exercise has been terminated.