{
  "url": "https://openlegislation.uk/wireless-telegraphy-licence-award-no-2-regulations-2007/regulation-62",
  "json_url": "https://openlegislation.uk/wireless-telegraphy-licence-award-no-2-regulations-2007/regulation-62.json",
  "legislation": "uksi/2007/3380",
  "legislation_title": "The Wireless Telegraphy (Licence Award) (No. 2) Regulations 2007",
  "legislation_url": "https://openlegislation.uk/wireless-telegraphy-licence-award-no-2-regulations-2007",
  "path": "regulation/62",
  "kind": "regulation",
  "number": "62",
  "heading": "Procedure where amount of winning bidder’s deposit is greater than or equal to the licence fee",
  "text": "(1) Where, after completion of the assignment stage, the amount of a winning bidder’s deposit (including the initial deposit and any sum paid as a deposit under regulation 23, 33, 40 or 48, but not including any sum forfeited under regulation 64) is greater than or equal to the amount of the winning bidder’s licence fee calculated in accordance with regulation 60, OFCOM shall—\n(a) grant the winning bidder a licence for—\n(i) the paired frequency range or ranges (as the case may be) that are to be assigned to the bidder in accordance with Chapter 6 of this Part;\n(ii) the paired frequency range or ranges (as the case may be) in respect of which the bidder submitted a winning assignment stage bid or winning assignment stage bids under Chapter 7 of this Part;\n(b) refund to the winning bidder a sum in pounds calculated in accordance with paragraph (2).\n(2) The sum which OFCOM shall refund to a winning bidder shall be the difference (if any) between the amount of the winning bidder’s deposit (including the initial deposit and any sum paid as a deposit under regulation 23, 33, 40 or 48, but not including any sum forfeited under regulation 64) and the amount of the winning bidder’s licence fee calculated in accordance with regulation 60, but not any interest which has accrued on the deposit.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2007/3380/regulation/62",
    "retrieved_at": "2026-10-29T03:40:32.715243+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}