44Payment of the balance of the pre-determined price

44 Payment of the balance of the pre-determined price

(1) If an applicant accepts the offer of a spectrum licence and agrees to pay the balance of the pre-determined price for the licence, the ACMA must notify the applicant by registered mail that the ACMA has received the applicant’s acceptance. (2) The balance of the pre-determined price for a spectrum licence is payable no later than 10 working days after the date the applicant is notified under subsection (1).

Note: For information on how the balance of the pre-determined price is paid, see section 7.