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118. The licences referred to in regulation 117(1) are—
(a)in respect of a winning bidder of 3.6 GHz lots, a 3.6 GHz licence which authorises the use of the frequencies determined in accordance with regulation 112; and
(b)in respect of a winning bidder of—
(i)700 MHz individual frequency lots,
(ii)700 MHz paired frequency lots; or
(iii)both 700 MHz individual frequency lots and 700 MHz paired frequency lots,
a 700 MHz licence which authorises the use of the frequencies determined in accordance with regulation 113.
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