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Radiocommunications (Spectrum Licence Allocation – Multi-band Auction) Determination 2017
34Bid increment percentage
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34 Bid increment percentage
After the application deadline, the ACMA must set a bid increment percentage for each lot as a percentage of the starting price for the lot in the first round, and of the specified price for the lot in any other round.
Note: The auction manager may vary the percentage set under section 34 – see clause 6 of Schedule 1.