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Radiocommunications (Spectrum Licence Allocation – 700 MHz Band) Determination 2016
72The winning price for a lot
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72 The winning price for a lot
The winning price for a lot won by a bidder at auction is: (a) if there is only one bid on the lot – the starting price for the lot; or (b) if there is more than one bid on the lot – the highest bid made for the lot by any bidder, during any round, other than the final high bid.