The Wireless Telegraphy (Licence Award) Regulations 2025
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
98 Required first assignment stage round deposit
(1) A further sum in pounds must be paid into OFCOM’s bank account, with accompanying information which identifies the bidder, by a deadline specified by OFCOM for the first assignment stage round (the “required first assignment stage round deposit”). (2) The required first assignment stage round deposit shall be an amount such that the total amount that the bidder has on deposit is not less than the amount which is the sum of— (a) the amount which is the bidder’s total base price for its winning principal stage bids; (b) the amount which is the bidder’s highest 40 GHz lot assignment stage bid for a 40 GHz assignment stage option; and (c) the amount which is the bidder’s highest 26 GHz lower lot assignment stage bid for a 26 GHz lower assignment stage option.
98 Required first assignment stage round deposit
(1) A further sum in pounds must be paid into OFCOM’s bank account, with accompanying information which identifies the bidder, by a deadline specified by OFCOM for the first assignment stage round (the “required first assignment stage round deposit”). (2) The required first assignment stage round deposit shall be an amount such that the total amount that the bidder has on deposit is not less than the amount which is the sum of— (a) the amount which is the bidder’s total base price for its winning principal stage bids; (b) the amount which is the bidder’s highest 40 GHz lot assignment stage bid for a 40 GHz assignment stage option; and (c) the amount which is the bidder’s highest 26 GHz lower lot assignment stage bid for a 26 GHz lower assignment stage option.
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