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42. In respect of each winning principal stage bid, OFCOM shall determine an amount in accordance with Schedule 8 (“base price”) which shall be payable by the relevant winning bidder.(1)
OFCOM have provided notes on the determination of the licence fees payable by bidders in a document called ‘Notes on determination of licence fees payable by bidders in relation to the award of the 10, 28, 32 and 40 GHz spectrum bands: Schedules 8 and 9 to the Wireless Telegraphy (Licence Award) (No. 2) Regulations 2007’ published on 30th November 2007.
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