PART 6 The principal stage

CHAPTER 4 Constraints for principal stage bids, withdrawals of standing high bid status and carrying forward an eligibility limit

SECTION 1 Constraints for principal stage bids

45 Number of principal stage bids following assignment of standing high bid status
A bidder which made principal stage bids to which OFCOM assigned standing high bid status after the end of the most recent round must (if making bids for lots of the same type in the next round) specify, on its principal stage form, a number of bids for lots (of that type) which—
(a) is the same as or higher than the number of bids made by that bidder to which OFCOM assigned standing high bid status after the end of the most recent round, if the round price for lots of that type has increased from the most recent round; or
(b) is higher than the number of bids made by that bidder to which OFCOM assigned standing high bid status after the end of the most recent round, if the round price for lots of that type has not increased from the most recent round.