CTHIn ForceLegislation
Radiocommunications (Spectrum Licence Allocation – 700 MHz Band) Determination 2016
36Bid increment percentage
Start here
Get a plain-English read of 36
Turn the raw legal text into a practical explanation grounded in Radiocommunications (Spectrum Licence Allocation – 700 MHz Band) Determination 2016.
36 Bid increment percentage
After the application deadline, the ACMA must set the bid increment percentage for each lot as a percentage of the starting price for the lot in the first round, and of the specified price for the lot in any other round.
Note: The auction manager may vary the percentage set under section 36 – see clause 6 of Schedule 1.