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The Wireless Telegraphy (Licence Award) Regulations 2018
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- UK Statutory Instruments
- 2018 No. 86
- PART 6
- CHAPTER 3
- Regulation 38
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Bids with standing high bid status becoming winning principal stage bids
38.—(1) Principal stage bids with standing high bid status shall become winning principal stage bids if they are bids to which paragraph (2) applies.
(2) The bids to which this paragraph applies are—
(a)the principal stage bids for 2.3 GHz lots to which OFCOM assigned standing high bid status after the end of the final principal stage round; and
(b)subject to paragraph (3), the principal stage bids for 3.4 GHz lots to which OFCOM assigned standing high bid status after the end of the final principal stage round.
(3) Where a bidder has specified a 3.4 GHz minimum requirement and OFCOM has assigned standing high bid status to fewer principal stage bids for 3.4 GHz lots made by the bidder than its 3.4 GHz minimum requirement—
(a)those bids for 3.4 GHz lots with standing high bid status will not become winning principal stage bids; and
(b)there will be no winning bidder for the 3.4 GHz lots for which those bids were made.
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