Regulation 114 Determination of the total auction sum payable by winning bidders to OFCOMI1

United Kingdom

(1)

OFCOM shall determine the total auction sum payable by each winning bidder in accordance with paragraph (2).

(2)

The total auction sum payable by a winning bidder shall be the sum of—

(a)

for that winning bidder's 3.6 GHz licence (if any), the licence fee determined in accordance with regulation 110; and

(b)

for that winning bidder's 700 MHz licence (if any), the licence fee determined in accordance with regulation 111.

Annotations