Auda announces date for transfer policy update

I recently blogged about the impeding changes to the Australian registry (auDA) domain transfer policy.

Well, auDA have come out and announced the launch date for the new changes which will allow .com.au domain owners to transfer ownership of their domain names.

The new policy will take effect on the 1st of June 2008.

Key features of the new policy are as follows:

* it will not be allowable to register a domain name for the sole purpose of resale or transfer to a third party
* registrants will not be able to transfer their domain name for the first 6 months after the initial registration (this does not apply to domain names that have been renewed or previously transferred)
* after 6 months, registrants will be able to offer their domain name for sale/transfer by any means (eg. by listing the domain name for sale on a domain brokerage website, advertising the domain name for sale in a newspaper, or contacting a prospective buyer directly)
* the new registrant must comply with normal eligibility and allocation rules
registrant transfers will be processed by the registrar of record using a standard transfer form, and the registrar may charge a transfer fee
* parties to a transfer will be asked to disclose the sale method and price, on a voluntary and confidential basis, so that auDA may collect aggregated statistical data to improve access to market information for buyers and sellers.

The information was taken from this auDA press release.

This entry was posted on Sunday, April 20th, 2008 at 5:42 pm and is filed under Domain News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.