PART 8Grant Stage

CHAPTER 1Licences available, the determination of licence fees and the precise frequencies for particular licences

Licence fee payable by a winning bidder for a 3.4 GHz withdrawn lot licence97.

The licence fee payable by a winning bidder for a 3.4 GHz withdrawn lot licence shall be an amount equal to the sum of—

(a)

that bidder’s total 3.4 GHz base price B; and

(b)

except where that bidder also won 3.4 GHz lots in accordance with regulation 38, that bidder’s 3.4 GHz additional price.