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Regulation 98 Licence fee payable by the pre-existing licence holder for a replacement licence

The licence fee payable by the pre-existing licence holder for a replacement licence shall be—

(a)

where the pre-existing licence holder does not win any additional 3.4 GHz lots in the principal stage, the amount which is the pre-existing licence holder's 3.4 GHz additional price; or

(b)

where the pre-existing licence holder won additional 3.4 GHz lots in the principal stage, zero pounds.