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RADIOCOMMUNICATIONS ACT 1992 No. 174, 1992 - SECT 58
Failures to accept offers
58.(1) If the licensee:
(a) notifies the SMA, on or before the day specified in the offer, that
the licensee does not accept the offer; or
(b) fails to give the SMA notice under section 57 before that day; the SMA
may allocate the spectrum licence in the manner provided for in
sections 60 to 63, and issue the spectrum licence accordingly.
(2) The spectrum licence comes into force on the day specified in the licence.
(3) Immediately before it comes into force, the apparatus licence that it is
to replace ceases to be in force.
(4) If the licensee had paid an apparatus licence tax for the apparatus
licence, the SMA must refund to the licensee such portion of the tax as
corresponds to the part of the period of the apparatus licence that had,
immediately before the licence ceased to be in force, not elapsed.
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