OpenLegislation

Paragraph 2 I1

United Kingdom

The base price for each winning principal stage bid shall be—

(a)

no less than the total of the round prices in the first primary bid round for the lots included in the selection of lots specified in that winning principal stage bid; and

(b)

no greater than the amount of that winning principal stage bid.

Annotations

Commencement

I1

Sch. 7 para. 2 in force at 23.11.2012, see reg. 1(1)