Regulation 50 Strike price bidsI1

must ensure that the pending applicant is able to make bids of strike prices in respect of the pending application to the same extent as an applicant may make such bids in respect of an equivalent application; F3and

must not apply any bid (“a pending bid”) made by a pending applicant in the contract allocation F4process.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

if an appeal by the pending applicant is made to the High Court or the Court of Session under regulation 47 and the court rejects the appeal; or

if no appeal is made under regulation 47.