23 Bidding for grants
Wireless Telegraphy Act 2006 (2006 c 36) | Legislation

23  Bidding for grants

(1)     Having regard to the desirability of promoting the optimal use of the electromagnetic spectrum, OFCOM may by regulations provide that, in such cases as may be specified in the regulations, applications for grants of recognised spectrum access must be made in accordance with a procedure that involves the making by the applicant of a bid specifying an amount that he is willing to pay to OFCOM in respect of the grant.

(2)     The regulations may make provision with respect to—

(a)     the grants to which they apply; and

(b)     the restrictions and conditions subject to which such grants are made.

(3)     The regulations may, in particular—

(a)     require the applicant's bid to specify the amount he is willing to pay;

(b)     require that amount to be expressed—

(i)     as a cash sum;

(ii)     as a sum determined by reference to a variable (such as

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