3.3

Part 3 Allocation for a pre-determined price

3.1 Allocation for a pre-determined price without an auction

(1) If, for each area available for allocation as described in the Marketing Plan, the total amount of bandwidth nominated for the area by all applicants for the area is equal to or less than the bandwidth available for that area, the ACA will offer to allocate licences for the area for a pre-determined price, as set out in this Part.

(2) The offer of a licence will be conditional on payment of the pre-determined price.

3.2 The pre-determined price

(1) The pre-determined price for a licence is worked out as follows:

(a) the ACA will identify each lot to be included in the licence;

(b) the ACA will work out the starting bid for each lot;

(c) the ACA will add up the starting bids for each lot.

Note The starting bid is worked out in accordance with subsection 2.17 (2).

(2) The balance of the pre-determined price payable by an applicant is the pre-determined price less the amount of the eligibility payment paid by the applicant.

3.3 Offer of licence

(1) The ACA will offer each applicant a licence or licences for a bandwidth in the area nominated by the applicant.

(2) The ACA will send each applicant, by receipted mail:

(a) a draft of the licence or licences; and