# The Wireless Telegraphy (Licence Award) Regulations 2008, Paragraph 1


(1) In determining the winning price for each winning auction stage bid, OFCOM shall impose the requirements set out in paragraphs 2 to 5.
(2) Where a winning price so determined includes a fraction of a pound, the winning price shall be that price rounded up to the nearest pound.

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Source: https://www.legislation.gov.uk/uksi/2008/686/schedule/6/paragraph/1 (the official version)
Page: https://openlegislation.uk/wireless-telegraphy-licence-award-regulations-2008/schedule-6/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.