These Regulations amend the Wireless Telegraphy (Recognised Spectrum Access and Licence) (Spectrum Trading) Regulations 2009 (S.I. 2009/17, amended by S.I. 2011/440 and S.I. 2011/2761), which authorise the transfer of all or part of the rights and obligations arising by virtue of certain grants of recognised spectrum access or wireless telegraphy licences.