90Auction manager may delegate functions and powers
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90 Auction manager may delegate functions and powers
The auction manager may delegate any of the auction manager’s functions and powers under this instrument to:
(a) a member, within the meaning of the ACMA Act; or
(b) a member of the ACMA staff that:
(i) holds, or is acting in, an Executive Level 1 or 2 position, or an equivalent position; or
(ii) is an SES employee or acting SES employee.
Note: SES employee and acting SES employee are defined in the Public Service Act 1999 and referred to in the Acts Interpretation Act 1901.
Schedule 1─Allocation of set-aside lots for set-aside prices
(subsections 4(1), 62(1) and (2), paragraph 72(9)(b), subparagraph 72(9)(c)(ii), subsections 76(1) and (2), section 80)
This Schedule applies if subsection 62(1) applies in relation to the auction.
2 Allocation of set-aside lots
If subsection 62(1) applies in relation to the auction, immediately before the pre-bidding phase of the primary stage, each set-aside participant is allocated
(a) one lot of the 900 upper major population product; and
(b) one lot of the 900 upper regional product;
(each a set-aside lot).
Note 1: In accordance with section 75 of this instrument, the winning price for a set-aside participant will include:
(a) the set-aside price for the set-aside lot of the 900 upper major population product; and
(b) the set-aside price for the set-aside lot of the 900 upper regional product.
The set-aside price for each lot is set under section 28 of this instrument.
Note 2: This Schedule is included because of section 6 of the spectrum licence limits direction.
Note 3: The maximum number of set-aside lots that can be allocated by this clause is 4 (a maximum of 2 lots of the 900 upper major population product, and a maximum of 2 lots of the 900 upper regional product).
Schedule 2─Rules for the primary stage of the auction
(subsections 4(1) and (3), 63(1), 76(3) and (4), and 79(4))
(1) If subsection 62(2) applies in relation to the auction, this Schedule applies to all lots of each product, and each such lot is available in the primary stage of the auction.
(2) If subsection 62(1) applies in relation to the auction, this Schedule applies to:
(a) all lots of the 850 major population product; and
(b) all lots of the 850 regional product; and
(c) the lot of the 900 lower major population product; and
(d) the lot of the 900 lower regional product;
(e) the supply of lots for the 900 upper major population product; and
(f) the supply of lots for the 900 upper regional product; and
and each such lot is available in the primary stage of the auction.
Note: The supply of lots for the 900 upper major population product and the 900 upper regional product will not change after persons are registered as bidders under section 54.
(1) In this Schedule:
active: see subclause 11(2).
activity target: see subclause 11(1).
aggregate demand, for lots of a product, means:
(a) for the first clock round – the total of the number of lots of the product recorded in the auction system as the start demands of all bidders under paragraph 3(3)(a) or subclause 3(5); or
(b) for any clock round other than the first clock round – the total of the posted demands of all bidders for the lots of the product.
bid, in a clock round, means:
(a) an increase bid; or
(b) a decrease bid; or
(c) a maintain bid.
bid increment percentage: see subclause 4(1).
bid price, for a lot of a product for a clock round, means an amount that is:
(a) equal to or greater than the opening price; and
(b) less than or equal to the clock price.
clock price, for a lot of a product for a clock round, means the sum of:
(a) the opening price for the lots of the product; and
(b) the bid increment percentage for the product multiplied by that opening price;
clock round means a round for bids in the primary stage.
decrease bid means a request to decrease the start demand of a bidder for lots of a product, by entering a negative number for the demand change for the lots of the product, at a bid price.
Note: If a bidder with a start demand for the lots of a product for a clock round does not make a valid bid for the clock round, the bidder will be taken to have requested a decrease bid: see subclause 15(2).
eligibility requirement percentage: see subclause 4(4).
excess demand, for lots of a product for a clock round, means the difference between:
(a) the aggregate demand; and
(b) the supply.
Note 1: The excess demand may be a positive number, a negative number, or zero.
Note 2: The aggregate demand for lots of a product has a different definition for the first clock round, than for every other clock round.
final clock round: see clause 16.
increase bid means a request to increase the start demand of a bidder for lots of a product, by entering a positive number for the demand change for the lots of the product, at a bid price.
maintain bid means a request to maintain the start demand of a bidder for lots of a product in a clock round, which:
(a) at the time the request is made – is taken to be for any price between the opening price and the clock price for the clock round; and
(b) after the processing algorithm is given effect after the clock round – is taken to be at the posted price for the lots of the product for the clock round.
Note: The actual price will be the posted price for the relevant clock round.
opening price, for a lot of a product for a clock round, means:
(a) for the first clock round – the starting price for lots of the product; or
(b) for any clock round other than the first clock round – the posted price for the lots of the product for the previous clock round.
Note: For starting prices, see paragraph 28(1)(a) and 43(1)(a).
posted demand, of a bidder for lots of a product for a clock round, means:
(a) for a bidder who requested an increase bid or a decrease bid for the lots of the product in the clock round – the number of lots of the product determined by the processing algorithm after the end time of the clock round; or
(b) for a bidder who requested a maintain bid for the lots of the product in the clock round – the start demand of the bidder for the lots of the product for that clock round.
Note: For the number of lots of the product determined by the processing algorithm, see clauses 2B and 2C.
posted price, for lots of a product for a clock round, means the amount determined by the processing algorithm after the end time of the clock round, which must be:
(a) equal to or greater than the opening price for the lots of the product for the clock round; and
(b) less than or equal to the clock price for the lots of the product for the clock round.
Note: See subclause 2A(6).
price point, for a lot of a product for a clock round, means a percentage calculated as the quotient of:
(a) the difference between the bid price and the opening price; and
(b) the difference between the clock price and the opening price;
for the lot.
Note: Paragraph (a) is the numerator. Paragraph (b) is the denominator.
processing algorithm: see clause 2A.
start demand, of a bidder for lots of a product for a clock round, means:
(a) for the first clock round – the number of lots of the product recorded in the auction system for the bidder under paragraph 3(3)(a) or subclause 3(5); or
(b) for any clock round other than the first clock round – the posted demand of the bidder for the lots of the product for the previous clock round.
supply means:
(a) for the 850 major population product – 2 lots; or
(b) for the 850 regional product – 2 lots; or
(c) for the 900 lower major population product – 1 lot; or
(d) for the 900 lower regional product – 1 lot; or
(e) for the 900 upper major population product and the 900 upper regional product– see subclauses (2) and (3).
(2) If subsection 62(1) applies in relation to the auction, supply means:
(a) for the 900 upper major population product – the difference (in lots) between:
(i) 4; and
(ii) the number of set-aside lots of the 900 upper major population product allocated under Schedule 1; or
(b) for the 900 upper regional product – the difference (in lots) between:
(i) 4; and
(ii) the number of set-aside lots of the 900 upper regional product allocated under Schedule 1.
(3) If subsection 62(2) applies in relation to the auction, supply, for each of the 900 upper products, means 4 lots.
Note: The number of set-aside participants, and the number of set-aside lots that will be allocated under Schedule 1, will not change after persons are registered as bidders under section 54.
(4) In this Schedule, a reference to the total value of lots, in eligibility points, is a reference to the sum of the lot ratings for the lots.
(5) In this Schedule, after a decrease bid is entered, a reference to the decrease bid or the number of lots for the decrease bid is a reference to the absolute value of the decrease bid or absolute value of the number of the lots for the decrease bid.
Note: This means that after a negative number is entered for a decrease bid, the provisions in this Schedule use the positive value for that number.