(1)Having regard to the desirability of promoting the optimal use of the electro-magnetic spectrum, the Secretary of State may by regulations provide that, in such cases as may be specified in or determined by him under the regulations, applications for the grant of wireless telegraphy licences must be made in accordance with a procedure which—
(a)is set out in a notice issued by him under the regulations, and
(b)involves the making by the applicant of a bid specifying an amount which he is willing to pay to the Secretary of State in respect of the licence.
(2)Regulations under this section shall—
(a)make provision with respect to the issue of notices by the Secretary of State for the purposes of subsection (1)(a),
(b)provide for the matters to be dealt with in any such notice, and
(c)require any such notice to be published in such manner as may be prescribed.
(3)Regulations under this section may make provision with respect to the grant of the licences to which they apply and the terms, provisions and limitations subject to which such licences are issued and may, in particular—
(a)require the applicant’s bid to specify the amount which he is willing to pay—
(i)as a cash sum or by reference to a variable to be determined in accordance with the regulations (such as, for example, his income attributable wholly or in part to the holding of the licence), and
(ii)as the amount of a single payment or as the amount of a periodic payment,
(b)specify requirements (such as, for example, technical or financial requirements, requirements relating to fitness to hold the licence and requirements intended to restrict the holding of two or more wireless telegraphy licences by any one person) which must be met by applicants for a licence,
(c)require any such applicant to pay a deposit to the Secretary of State,
(d)specify circumstances in which such a deposit is, or is not, to be refundable,
(e)specify matters to be taken into account by the Secretary of State (in addition to the bids made in accordance with the prescribed procedure) in deciding whether, or to whom, to grant a licence,
(f)specify the other terms, provisions and limitations subject to which any licence is to be issued,
(g)make any provision referred to in section 1(3), and
(h)enable provision (including provision falling within any of paragraphs (a) to (g)) to be made by the Secretary of State in a notice for the purposes of subsection (1)(a).
(4)Except to the extent that regulations under this section or a notice issued for the purposes of subsection (1)(a) otherwise provides, the issue of such a notice in respect of a particular licence does not bind the Secretary of State, on the completion of the procedure specified in the notice, to grant the licence.
(5)A wireless telegraphy licence granted in accordance with regulations under this section shall specify, or specify the method for determining, the sum or sums payable in accordance with the applicant’s bid for the licence; and those sums shall be paid to the Secretary of State by the person to whom the licence is issued in accordance with the terms of the licence.
(6)Subsection (4) of section 1 shall apply in relation to sums that will or may become payable under regulations under this section subsequently to the issue of a licence.
(7)Section 1(2) of the [1949 c. 54.] Wireless Telegraphy Act 1949 (powers of Secretary of State in relation to grant of licences) and regulations under section 3 of that Act (regulations as to wireless telegraphy) shall have effect subject to regulations under this section.
(8)In this section “grant”, in relation to a licence, includes renewal.