# The Wireless Telegraphy (Licence Award) Regulations 2020, Regulation 119: Refunds

Extent: E+W+S+N.I.

Where, following the grant of licences, the total amount a bidder has on deposit at that time is an amount that is greater than the total auction sum payable by that bidder to OFCOM, OFCOM shall refund to that bidder a sum in pounds which is the difference between—
(a) the amount which is the total auction sum payable by that bidder to OFCOM (if any); and
(b) the amount the bidder has on deposit.

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Source: https://www.legislation.gov.uk/uksi/2020/1199/regulation/119 (the official version)
Page: https://openlegislation.uk/wireless-telegraphy-licence-award-regulations-2020/regulation-119
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.