30 Spectrum trading

30  Spectrum trading

(1)     OFCOM may by regulations authorise the transfer to another person by—

(a)     the holder of a wireless telegraphy licence, or

(b)     the holder of a grant of recognised spectrum access,

of rights and obligations arising as a result of such a licence or grant.

[(1A)     . . .]

(2)     The transfers that may be so authorised are—

(a)     transfers of all or any of the rights and obligations under a licence or grant such that the rights and obligations of the person making the transfer become rights and obligations of the transferee to the exclusion of the person making the transfer;

(b)     transfers of all or any of those rights and obligations such that the transferred rights and obligations become rights and obligations of the transferee while continuing, concurrently, to be rights and obligations of the person making the transfer; and

(c)     transfers falling within either of paragraphs (a) and (b) under which the rights and obligations that are acquired by the transferee take effect—

(i)     if they are rights and obligations under a

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