That's correct. If "No Award" wins the Hugo voting, no Hugo is presented in that category that year. That's happened three or four times as I recall.
If None of the Above wins in Site Selection, the Business Meeting picks the site, reverting to the selection method that existed before the advance ballot was adopted. The BM is not restricted by the normal rules. They could give it to the hosting convention to hold two years later, or to any of the bids selected on the ballot, or anyone else. None of the rules about having a site agreement or organizational document apply. In effect, the Meeting selects a committee, not a site, and says, "We trust you to figure it out." That's how Westercon 66 was selected.
no subject
If None of the Above wins in Site Selection, the Business Meeting picks the site, reverting to the selection method that existed before the advance ballot was adopted. The BM is not restricted by the normal rules. They could give it to the hosting convention to hold two years later, or to any of the bids selected on the ballot, or anyone else. None of the rules about having a site agreement or organizational document apply. In effect, the Meeting selects a committee, not a site, and says, "We trust you to figure it out." That's how Westercon 66 was selected.