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Regulation 17 Supplementary bids

Original text. Later amendments are not shown.

(1)

A bid made during the supplementary bids round (“supplementary bid”) shall be at an amount in whole pounds.

(2)

The amount of the supplementary bid shall be determined by the bidder, subject to the restrictions set out in regulation 26.

(3)

In order to make a supplementary bid a bidder must, on a form provided to the bidder by OFCOM (“supplementary bids form”)—

(a)

specify in respect of one or more bands how many lots in each of those bands it wishes to be included in a licence; and

(b)

specify an amount in whole pounds that it is willing to pay for the licence.

(4)

In respect of each band, the number of lots specified by a bidder under paragraph (3)(a) must not be greater than the available total for that band.

(5)

Where the selection of lots in a supplementary bid includes lots in the national 10 GHz band, it must include at least two such lots.

(6)

The selection of lots in a supplementary bid made by a bidder may be the same as or different from the selections of lots in primary bids made by the bidder.

(7)

A bidder may submit any number of supplementary bids in the supplementary bids round, subject to the restriction set out in paragraph (8).

(8)

A bidder may not submit more than one supplementary bid for each particular selection of lots.

(9)

A bidder is not required to submit a supplementary bid.