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Regulation 61 Determination of total base price

Original text. Later amendments are not shown.

(1)

A reference to a winning bidder’s “total 26 GHz lower base price” is a reference to the 26 GHz lower base price multiplied by the number of 26 GHz lower lots won by that bidder.

(2)

A reference to a winning bidder’s “total 26 GHz upper base price” is a reference to the 26 GHz upper base price multiplied by the number of 26 GHz upper lots won by that bidder.

(3)

A reference to a winning bidder’s “total 40 GHz base price” is a reference to the 40 GHz base price multiplied by the number of 40 GHz lots won by that bidder.

(4)

A reference to “total base price” in respect of a bidder, is a reference to the sum of that bidder’s total 26 GHz lower base price (if any), 26 GHz upper base price (if any) and the total 40 GHz base price (if any).