Regulation 87 Preparing a 26 GHz lot second period assignment stage options list for each bidder

(1)

OFCOM shall determine which 26 GHz lot second period assignment stage options shall be included in the 26 GHz lot second period assignment stage options list for each bidder which is eligible to bid.

(2)

Only 26 GHz double lot winners may bid for 26 GHz lot second period assignment stage options.

(3)

A bidder’s 26 GHz lot second period assignment stage options shall be each of those blocks of numbered 26 GHz lots which satisfy all of the following conditions—

(a)

the number of 26 GHz lots contained in the block is equal to the sum of the number of lots won within that bidder’s winning principal stage bids for 26 GHz lower lots and 26 GHz upper lots;

(b)

the block of numbered 26 GHz lots is different from the block of numbered 26 GHz lots assigned, without bidding, to any 26 GHz lower only winner or 26 GHz upper only lot winner; and

(c)

if that bidder were assigned the 26 GHz lots contained in the block, the following condition would be satisfied—

(i)

each other bidder could be assigned 26 GHz lots contained in a block that, in respect of that other bidder’s winning principal stage bids for 26 GHz lower lots and 26 GHz upper lots, satisfies the condition in subparagraph (a);

(ii)

each other bidder could be assigned 26 GHz lots contained in a block that satisfies the condition in subparagraph (b);

(iii)

leftover 26 GHz lower lots (if any) could remain unassigned and relate to the same particular numbered lots of 26 GHz lower lots as those leftover 26 GHz lower lots that were unassigned for the first period following the first assignment stage round; and

(iv)

leftover 26 GHz upper lots (if any) could remain unassigned and relate to the same particular numbered lots of 26 GHz upper lots as those leftover 26 GHz upper lots that were unassigned for the first period following the second assignment stage round.