74Sufficient deposit — issue of spectrum licence without further payment

74 Sufficient deposit – issue of spectrum licence without further payment

(1) If, for a winning bidder, the balance of the upfront winning price is less than zero: (a) the ACMA must refund the deposit in excess of the total of the upfront winning price for the winning bidder; and (b) the bidder is entitled to be issued a spectrum licence for each part of the spectrum allocated to the winner without further payment. (2) If, for a winning bidder, the balance of the upfront winning price is zero, the bidder is entitled to be issued a spectrum licence for each part of the spectrum allocated to the winner without further payment.