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Radiocommunications (Spectrum Licence Allocation – Multi-band Auction) Determination 2017
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73 Default
If a winning bidder does not pay the balance of the winning price in accordance with section 71: (a) the spectrum licence is not allocated to the winning bidder; and (b) the allocation of spectrum licences under this instrument to other applicants is not affected; and (c) section 76 applies to each lot that, but for this section, would have been included in a spectrum licence allocated to the winning bidder.
Note: See section 86 in relation to the rights of the ACMA and the Commonwealth.