The Wireless Telegraphy (Licence Award) Regulations 2025
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Change 1
26 The price range
(1) The price range notified by OFCOM must specify in respect of each lot type— (a) the lowest price (“the opening price”) in the range; and (b) the highest price (“the clock price”) in the range. (2) The opening price in a round shall be— (a) a price per lot in whole thousands of pounds; (b) the same for each lot within that lot type; and (c) the same as the posted price for that lot type notified by OFCOM following the most recent round. (3) The clock price in a round shall be— (a) a price per lot in whole thousands of pounds; (b) the same for each lot within that lot type; and (c) higher than the opening price for that lot type.
26 The price range
(1) The price range notified by OFCOM must specify in respect of each lot type— (a) the lowest price (“the opening price”) in the range; and (b) the highest price (“the clock price”) in the range. (2) The opening price in a round shall be— (a) a price per lot in whole thousands of pounds; (b) the same for each lot within that lot type; and (c) the same as the posted price for that lot type notified by OFCOM following the most recent round. (3) The clock price in a round shall be— (a) a price per lot in whole thousands of pounds; (b) the same for each lot within that lot type; and (c) higher than the opening price for that lot type.
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