CTHIn ForceLegislation
Radiocommunications (Allocation of Transmitter Licences – Low Power Open Narrowcasting Licences) Determination 2025
27Close of auction
Start here
Get a plain-English read of 27
Turn the raw legal text into a practical explanation grounded in Radiocommunications (Allocation of Transmitter Licences – Low Power Open Narrowcasting Licences) Determination 2025.
27 Close of auction
(1) The auction in relation to a particular lot is closed after the successful applicant has been determined by the auctioneer.
(2) The ACMA will notify each successful applicant for each lot of the balance of the bid price.
(3) A successful applicant must pay the balance of the bid price within 10 business days after the date of the notice in accordance with section 40.