Regulations Governing Application and Assignment of Radio Frequency for Telecommunications Enterprises Article 17

In the case that an open bid is considered as a method of application for assignment, the competent authority may specify a certain amount of bid bond in the announcement made according to Subparagraph 5, Article 4.In any of the following circumstances the applicant shall not request the full return of bid bond mentioned in the preceding paragraph; the payment, if returned, shall be disgorged:1. Any of the circumstances mentioned in Article 8;2. The winning price not paid in the way specified by the competent authority; or3. Withdrawal or revocation of qualification of application in the bidding by the competent authority.In any of the following circumstances the applicant to whom none of the above occurs may request the return of the bid bond mentioned in paragraph 1 without interest:1. The application is withdrawn prior to the competent authority announcing the list of bidders;2. The competent authority rejects the application;3. It is confirmed that the applicant has not won the bid at the end of bidding; or4. The winning price is paid in the way specified by the competent authority.