# The Wireless Telegraphy (Recognised Spectrum Access and Licence) (Spectrum Trading) Regulations 2009, Regulation 7: Putting the transfer into effect


(1) Subject to paragraph (3), a transfer of the rights and obligations under a grant of RSA shall be effected by the holder or concurrent holders of the grant of RSA surrendering that grant to OFCOM and by OFCOM granting a new one to the transferee and—
(a) in the case of a transfer which satisfies the condition set out in regulation 3(2)(b), the holder or concurrent holders who made the transfer; and
(b) in the case of a transfer authorised by regulation 4, to the holder or concurrent holders who made the transfer.
(2) Subject to paragraph (3), a transfer of the rights and obligations under a licence shall be effected by the holder or concurrent holders of the licence surrendering that licence to OFCOM and by OFCOM granting a new one to the transferee and—
(a) in the case of a transfer which satisfies the condition set out in regulation 3(2)(b), the holder or concurrent holders who made the transfer; and
(b) in the case of a transfer authorised by regulation 4, to the holder or concurrent holders who made the transfer.
(3) Where a notice has been given to OFCOM under regulation 6(1)(h) that the transfer will involve a conversion, a transfer of the rights and obligations under a grant of RSA or a licence shall be effected by—
(a) the holder or concurrent holders of the grant of RSA or the licence surrendering that grant of RSA or that licence to OFCOM;
(b) OFCOM granting—
(i) where the transfer is of rights and obligations under a licence, a new grant of RSA to the transferee;
(ii) where the transfer is of rights and obligations under a grant of RSA, a new licence to the transferee; and
(c) OFCOM granting a new grant of RSA or a new licence—
(i) in the case of a transfer which satisfies the condition set out in regulation 3(2)(b), to the holder or concurrent holders who made the transfer;
(ii) in the case of a transfer authorised by regulation 4, to the holder or concurrent holders who made the transfer.

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Source: https://www.legislation.gov.uk/uksi/2009/17/regulation/7 (the official version)
Page: https://openlegislation.uk/wireless-telegraphy-recognised-spectrum-access-and-licence-spectrum-trading-regulations-2009/regulation-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.