Commonwealth Numbered Acts

RADIOCOMMUNICATIONS ACT 1992 No. 174, 1992 - SECT 60

60.(1) The SMA must determine, in writing, the procedures to be applied in
allocating spectrum licences under this Subdivision:

   (a)  by auction; or

   (b)  by tender; or

   (c)  by allocation for a pre-determined price or a negotiated price.

(2) The procedures for allocation by auction may, for example, deal with any
of the following matters:

   (a)  the types of auction;

   (b)  advertising of auctions;

   (c)  entry fees for prospective bidders;

   (d)  reserve prices (if any);

   (e)  deposits (if any) payable by successful bidders;

   (f)  methods of payment for licences.

(3) The procedures for allocation by tender may, for example, deal with any of
the following matters:

   (a)  the types of tender;

   (b)  advertising of tenders;

   (c)  entry fees for prospective tenderers;

   (d)  reserve prices (if any);

   (e)  the method for resolving which of 2 or more equal tenders is to be
        successful;

   (f)  deposits (if any) payable by successful tenderers;

   (g)  methods of payment for licences.

(4) The procedures for allocation for a pre-determined or negotiated price
may, for example, deal with any of the following matters:

   (a)  the way in which prices are to be determined or negotiated;

   (b)  advertising of proposed allocations;

   (c)  methods of payment for licences.