Radiocommunications (Spectrum Licence Allocation—3.4/3.7 GHz Bands) Determination 2023
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Radiocommunications (Spectrum Licence Allocation—3.4/3.7 GHz Bands) Determination 2023
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Turn the raw legal text into a practical explanation grounded in Radiocommunications (Spectrum Licence Allocation—3.4/3.7 GHz Bands) Determination 2023.
110 End of clock rounds
(1) The clock rounds of the primary stage end immediately after the final clock round.
(2) A clock round of the primary stage is the final clock round if, for every product, the total number of lots in the posted demands of all bidders after the clock round is no more than the supply.
Determining the primary winners
(3) If the number of lots in a bidder’s posted demand for a product for the final clock round is at least one lot, the bidder is a primary winner for that number of lots of the product.