47AAggregation of current and successive management rights

1. This section applies to a manager if—

2. the manager has management rights that expire in less than 5 years' time (the current management rights); and
3. the manager is also the manager of subsequent management rights created in relation to the same range of frequencies as the current management rights (the successive management rights); and
4. the records of management rights of both the current management rights and the successive management rights have—
   1. the same power floors; and
   2. the same protection limits; and
   3. the same adjacent frequencies emission limits; and
   4. the same conditions applying to spectrum licences created in relation to those records; and
5. the commencement date of the record of management rights relating to the successive management rights is no more than 1 day after the expiry date applying to the record of management rights relating to the current management rights.

6. A manager to whom this section applies may request that the Registrar cancel the records of management rights of both the current management rights and the successive management rights, and create 1 record of management rights relating to the range of frequencies concerned.

7. If, upon receipt of a request under subsection (2), the Registrar is satisfied that subsection (1) applies, the Registrar must record on the records of management rights to which the request relates that the records of management rights are cancelled, and that recording of the cancellation has the effect of cancelling the records of management rights.