7Spectrum access charge for the 30 GHz Defence band spectrum licence

7 Spectrum access charge for the 30 GHz Defence band spectrum licence

(1) The spectrum access charge for the re-issue of the 30 GHz Defence band spectrum licence is $16,191,243, if paid as a lump sum in accordance with subsection (2). (2) If the licensee does not elect for subsection (3) to apply, the spectrum access charge for the re-issue of the 30 GHz Defence band spectrum licence is payable on or before 6 April 2021. (3) If the licensee elects, in accordance with section 8, for this subsection to apply, the spectrum access charge for the re-issue of the 30 GHz Defence band spectrum licence is payable by instalments in the amount specified and at the following times: (a) an amount of $3,306,896 is payable on or before 6 April 2021; (b) an amount of $3,306,896 is payable on each anniversary of the day the licence came into force; until a total of $16,534,480 has been paid under paragraphs (a) and (b).