119. Where, following the grant of licences, the total amount a bidder has on deposit at that time is an amount that is greater than the total auction sum payable by that bidder to OFCOM, OFCOM shall refund to that bidder a sum in pounds which is the difference between—
(a)the amount which is the total auction sum payable by that bidder to OFCOM (if any); and
(b)the amount the bidder has on deposit.
Commencement Information
I1Reg. 119 in force at 18.11.2020, see reg. 1(1)
120. Following the grant of licences and the refund (if any) of deposits, OFCOM shall notify each winning bidder of the names of all of the persons to whom licences were granted, and, in relation to each of them—
(a)the frequencies in respect of which the licences were granted; and
(b)the licence fees paid, indicating the total base prices and the additional prices.
Commencement Information
I2Reg. 120 in force at 18.11.2020, see reg. 1(1)
121. OFCOM shall complete the award process by publishing on OFCOM's website—
(a)the names of the winning bidders to whom licences were granted, and, in relation to each of them—
(i)the frequencies in respect of which the licences were granted; and
(ii)the licence fees paid;
(b)the names of any winning bidders who, following the passing of the deadline under regulation 116, had an amount on deposit which is less than the total auction sum payable by them to OFCOM, and, in relation to each of them—
(i)the frequencies in respect of which, if they held on deposit an amount equal to the total auction sum, licences would have been granted; and
(ii)the total auction sum payable to OFCOM;
(c)details of all valid principal stage bids and occurrences of an eligibility event in respect of each bidder;
(d)details of all valid assignment stage bids for 700 MHz individual frequency lots and 700 MHz paired frequency lots; and
(e)details of the essential aspects of any valid full adjacency agreement or any valid partial adjacency agreement.
Commencement Information
I3Reg. 121 in force at 18.11.2020, see reg. 1(1)