PART 4 BIDDING PROCEDURE

CHAPTER 4 The primary bid rounds

36 Round price for 2.6 GHz individual frequency lots
1 The round price for each 2.6 GHz individual frequency lot shall be the same as it was for the previous primary bid round except where paragraph (3) applies.
2 Where paragraph (3) applies the round price shall be higher than it was for the previous primary bid round, but not more than twice the amount of the round price for the previous primary bid round.
3 This paragraph applies where the adjusted demand for 2.6 GHz individual frequency lots in the previous primary bid round is greater than nine.