Regulation 58 Number of principal stage rounds

After the determination of excess demand for each lot type after the end of each principal stage round, OFCOM shall determine if there shall be a further principal stage round.

A further principal stage round shall occur if, after the end of the most recent round, excess demand, for at least one lot type, equals a positive number greater than zero.

If a further principal stage round is not required, the principal stage shall come to an end.