Regulation 14 Determination of a bidder’s eligibility limit for the first principal stage round
(1)
A bidder’s eligibility limit for the first principal stage round shall be—
(a)
where the amount which the bidder has on deposit (including the initial deposit and the additional deposit) is less than thirty-nine million pounds, the number which is the amount of such deposit in pounds divided by one million;
(b)
where the amount which the bidder has on deposit (including the initial deposit and the additional deposit) is equal to or more than thirty-nine million pounds, thirty-nine eligibility points.
(2)
Where the number which results from the calculation in paragraph (1)(a) is not a whole number, the bidder’s eligibility limit shall be that number rounded down to the nearest whole number.
(3)
That number shall be expressed as a number of eligibility points.