Regulation 25 Valid supplementary bids

(1)

A supplementary bid shall only be taken into consideration for the purposes of determining—

(a)

the winning combination of auction stage bids under regulation 41; and

(b)

the winning price payable by a winning bidder under regulation 43;

if it is a supplementary bid which satisfies the conditions set out in paragraph (2) (“valid supplementary bid”).

(2)

The conditions are that—

(a)

the supplementary bid is made on a supplementary bids form that has been completed in accordance with regulation 17(3);

(b)

the amount of the supplementary bid specified by the bidder satisfies the requirements set out in regulation 26;

(c)

the supplementary bid is submitted in accordance with the restriction set out in regulation 17(6); and

(d)

the completed supplementary bids form is submitted to OFCOM in accordance with regulation 35(1) and is received by OFCOM in accordance with regulation 35(2).