Radiocommunications (Spectrum Licence Allocation — 26 GHz Band) Determination 2020
16End of clock rounds
Start here
Get a plain-English read of 16
Turn the raw legal text into a practical explanation grounded in Radiocommunications (Spectrum Licence Allocation — 26 GHz Band) Determination 2020.
16 End of clock rounds
The clock rounds of the primary stage will end when there is a clock round in which, for every product, the excess demand is not greater than zero for the lots of the product (the final clock round). At this point, the auction manager will announce to each bidder, using the auction system, that the clock rounds have ended and that the auction will progress to the secondary stage (if required) or the assignment stage.