59  Pre-bidding phase and first clock round

 (1) After the later of the eligibility deadline or extended eligibility deadline (if there is one), the auction manager must:

 (a) set the start date and start time of the first clock round of the primary stage; and

 (b) set a period of at least 3 hours that falls within the 48 hours before the start date and start time of the first clock round of the primary stage as the pre-bidding phase.

 (2) At least 10 working days before the start of the pre-bidding phase, the auction manager must notify each bidder of:

 (a) the start date and start time, and duration, of the pre-bidding phase; and

 (b) the start date and start time of the first clock round of the primary stage.

Part 5—Auction procedures, and allocation of set-aside lots

Division 1 Procedures to be applied for auction and allocation of set-aside lots