Regulation 49 Forfeit of deposit and exclusion from award process

If, in relation to an applicant which is qualified to bid or a bidder, OFCOM are satisfied that any of the events set out in regulation 51 are occurring (or have occurred) and that the occurrence would materially affect the outcome of the award process—

(a)

the initial deposit and any sum or sums paid as a deposit under regulations 23, 33, or 40 shall be forfeited by, and not refunded to, the applicant or bidder concerned; and

(b)

that applicant or bidder may also be excluded by OFCOM from the award process by OFCOM giving that applicant or bidder notice in writing.