Australia to allow the sale of .com.au in an Australian Secondary Market

[zero_haze_au]

Currently as most people know, the .au domain space cannot be resold in a secondary market. The only way to transfer .au name is if you meet the strict criteria set by AUDA

• where the registrant sells all or part of their business operations or assets
to the other party
• where the registrant assigns their intellectual property rights to the other
party
• where the registrant enters into administration or liquidation, and the
administrator or liquidator authorises the transfer to the other party
• where the registrant and the other party are related corporate entities
• where the registrant originally registered the domain name as agent for
the other party
• where the registrant dies or becomes insane, and the executor or power
of attorney authorises the transfer to the other party
• where a competent authority (eg. a court or auDRP arbitrator) orders the
transfer to the other party
• where the registrant transfers the domain name to the third party in
settlement of a dispute.

However in 2008, AUDA will be relaxing these rules.

The auDA board has accepted the final report of the 2007 Names Policy Panel, which recommends a number of changes to the .au policy framework.

The Panel reported that, overall, it believes the current .au policy rules strike an appropriate balance between allowing people to register the domain names they want whilst protecting the integrity and usability of the .au domain. However, the Panel identified some ways in which the policy rules might be clarified or enhanced to ensure they are workable and effective.

Notably, the Panel recommended that the Transfers (Change of Registrant) Policy be relaxed to allow a registrant to transfer their domain name licence to another eligible entity, for any reason.

auDA will work on implementing the Panel's recommendations in 2008, and further announcements will be made. In the meantime, all current auDA policies continue to apply.

Any Australian Business will be allowed to resell the domain name license to any other Australian Business, for any Reason. Creating a Secondary Market for Australian Businesses.

The below Recommendation is part of the policy that has now been accepted.

Recommendation 3:
The Panel recommends that the transfers policy be relaxed to allow a
registrant to transfer their domain name licence to another eligible entity, for
any reason.
The Panel recommends that auDA conduct a two year review of the new
transfers policy.

VIEW THE FINAL ACCEPTED RECOMMENDATIONS HERE

 

[Sam]

nice My nn.com.au are going to be worth something!