Regulation 14 Additional deposit before the opt-in round and the first primary bid roundI1
United Kingdom
(1)
In addition to the initial deposit, a bidder may pay an additional sum in pounds as a deposit which shall be taken into account by OFCOM in accordance with regulation 15 for the purpose of calculating the bidder’s eligibility limit for the opt-in round (if the bidder has stated that it wishes to bid in that round) and for the first primary bid round.
(2)
A bidder wishing to pay such an additional sum must, by a deadline specified by OFCOM, pay the additional sum into OFCOM’s bank account by a same day electronic transfer with accompanying information which identifies the bidder.
Annotations
Commencement
- I1
Reg. 14 in force at 23.11.2012, see reg. 1(1)