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The Wireless Telegraphy (Licence Award) Regulations 2018
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- UK Statutory Instruments
- 2018 No. 86
- PART 8
- CHAPTER 3
- Regulation 106
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Further payment where the amount of a winning bidder’s deposit is less than its total auction sum
106. Where, after the notification given in accordance with regulation 105, the total amount that a winning bidder has on deposit is an amount that is less than the total auction sum payable by that bidder to OFCOM, the bidder must, by a deadline specified by OFCOM, pay into OFCOM’s bank account, with accompanying information which identifies the bidder, the sum in pounds which is the difference between such amount and the amount the bidder has on deposit.
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