OpenLegislation

Regulation 11 Payment of licence fee

Original text. Later amendments are not shown.

(1)

Where there is only one bidder and where the initial deposit of that bidder has not been forfeited in accordance with regulation 36, OFCOM shall grant the bidder the licence.

(2)

Where there is only one bidder and where the initial deposit has been forfeited in accordance with regulation 36, OFCOM shall give notice to that bidder of the deadline by which that bidder must pay into OFCOM’s bank account with accompanying information that identifies the bidder, the licence fee.

(3)

The licence fee shall be ten thousand pounds.