# The Wireless Telegraphy (Licence Award) (No. 2) Regulations 2007, Regulation 16: Requirement for a valid primary bid in the first primary bid round


Any bidder which does not submit a valid primary bid in the first primary bid round shall be excluded from the award process and shall not receive a refund of its initial deposit or any sum that the bidder has paid as a deposit under regulation 23, which shall (where not already forfeited under regulation 64) be forfeited.

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Source: https://www.legislation.gov.uk/uksi/2007/3380/regulation/16 (the official version)
Page: https://openlegislation.uk/wireless-telegraphy-licence-award-no-2-regulations-2007/regulation-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.