Regulation 17 Completion of the bidding menu document
(1)
Where a bidder wishes to specify a sum on the bidding menu document which it commits to pay for a licence (a “bid”) it must specify an amount in whole pounds and in words only which must be greater than or equal to fifty thousand pounds.
(2)
On the bidding menu document a bidder must —
(a)
only specify a bid for a licence which is one of a total number which is a licence option;
(b)
only specify one bid against any licence option; and
(c)
specify a bid against at least one licence option but need not specify a bid against each licence option.