Regulation 111 Licence fee payable by a winning bidder for a 700 MHz licenceI1

United Kingdom

The licence fee payable by a winning bidder for a 700 MHz licence shall be an amount equal to the sum of—

(a)

that bidder's total 700 MHz individual frequency lot base price;

(b)

that bidder's total 700 MHz paired frequency lot base price;

(c)

that bidder's 700 MHz individual frequency lot additional price (if any); and

(d)

that bidder's 700 MHz paired frequency lot additional price (if any).

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