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Regulation 35 Creating a ranking list which contains sets of bids to decrease demand and sets of bids to increase demand

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(1)

OFCOM shall create a list which ranks the sets of bids to decrease demand and the sets of bids to increase demand (the “ranking list”).

(2)

The ranking list shall include sets of bids, irrespective of lot type, on the same list.

(3)

The ranking list shall include sets of bids to decrease demand and sets of bids to increase demand, on the same list.

(4)

Each of the sets of bids shall be listed in ascending order of price point (irrespective of lot type and irrespective of whether it is a set of bids to decrease demand or a set of bids to increase demand), with sets of bids with lower price points being placed higher in the list than sets of bids with higher price points.

(5)

Where two or more sets of bids have the same price point, OFCOM shall use a method of random selection to determine the relative ranking of those sets of bids on the list.