Division 2 — Spectrum Sharing and Trading
Spectrum sharing
12.—(1)  Subject to such conditions as the Authority may generally or specifically impose, a person granted a spectrum right may authorise another person to use the assigned radio frequency spectrum, in accordance with the conditions of the grant, for the purpose of operating a station or network subject to that person obtaining a station (spectrum) licence or a network (spectrum) licence, as the case may be.
(2)  Any person authorised by a person granted a spectrum right to use the assigned radio frequency spectrum under paragraph (1) shall comply with the Act, these Regulations and such other requirements as the Authority may specify.
Spectrum trading
13.—(1)  Subject to such conditions as the Authority may generally or specifically impose, a person granted a spectrum right may assign, or otherwise deal with, the whole or any part of the rights and privileges granted under the spectrum right.
(2)  No assignment of or dealing with the whole or any part of the rights and privileges granted under a spectrum right shall take effect until the Authority gives its approval in writing.
(3)  The parties to an assignment of or dealing with the whole or any part of the rights and privileges granted under a spectrum right must give to the Authority such information about the assignment or dealing as the Authority requires for the purpose of giving its approval under paragraph (2).
Variation of conditions of spectrum rights upon assignment
14.  The Authority may do any one or more of the following if it is satisfied that it is necessary or convenient to do so in order to give effect to any assignment or dealing under regulation 13:
(a)vary a spectrum right by changing the name of the person to whom the spectrum right was granted;
(b)vary the conditions of grant of a spectrum right by —
(i)including one or more further conditions; or
(ii)revoking or varying any condition;
(c)issue one or more new spectrum rights; or
(d)cancel one or more existing spectrum rights.