Commonwealth Consolidated RegulationsIn this Division:
"precedence list" has the meaning given in paragraph 28 (d) of the Act.
"reserve price" means the minimum bid amount that will be accepted as a tender.
tender manager , in relation to a tender process, means:
(a) if AFMA appoints an independent tender manager under paragraph 8A (a) -- that independent tender manager; or
(b) if AFMA does not make an appointment under paragraph 8A (a) -- AFMA.
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