60Action that auction manager may take in exceptional circumstances

60 Action that auction manager may take in exceptional circumstances

(1) If the auction manager is satisfied that the auction is affected by exceptional circumstances, the auction manager may: (a) make corrections to: (i) the results of the round of the auction that last ended; and (ii) information received by a bidder after that round; or (b) stop the current round of the auction and restart the round; or (c) cancel the results of one or more auction rounds and restart the auction from the point before those rounds; or (d) cancel the results of all the auction rounds and restart the auction from the first round; or (e) stop the auction. (2) For this section, exceptional circumstances include: (a) a significant technical difficulty with the auction system; or (b) a breach of the confidentiality obligations in section 17. (3) Subsection (2) does not limit what might constitute exceptional circumstances.