Feeds

Nominet responds to rule-change concerns

No conspiracy, just good business, claim chief exec and chairman

High performance access to file storage

Nominet's chairman and chief executive have hit back at claims that changes to the company's Memorandum and Articles of Association will over-commercialise the not-for-profit company.

Chairman Bob Gilbert told us: "There is a lot of disinformation being peddled that is completely erroneous." Instead, both he and chief executive Lesley Cowley insist the changes are essential if Nominet is to compete in the fast-moving internet market.

Last week, Nominet - which runs the .uk internet registry - called for an extraordinary general meeting next month where it will ask members to vote for changes to the company's basic charter. It requires 90 per cent approval for the changes to go through.

But soon after, several members of Nominet's Policy Advisory Board started raising concerns over some of the changes. One, Hazel Pegg, has even set up a website to outline her concerns in which she urges Nominet members to vote 'no'.

Gilbert, who has spent most of the past nine months working on the changes and who has wide-ranging experience as a company law specialist, assured us that the changes were no more than "normal" and that he found it frustrating that people were misreading the changes.

The fear the changes are just the first part of a gradual move toward far greater commercialism, and possibly a float of Nominet, are unfounded he said. "I suppose it is because I have a track record of taking companies public - but then I have also done a lot of non-profit work and the two are entirely separate."

Instead, he claims, he has been "infected" with Nominet's approach and culture. It would be legally impossible for Nominet to be floated, and besides the company is determined to remain not-for-profit.

Cowley said the reason behind the changes is to update Nominet and free it from past constraints that were useful back in 1996 but now unnecessarily restrict the company.

One example is that under the existing rules, Nominet has to poll all its members by post if it is to change prices. Others are: that this company at the edge of internet technology is currently restricted in its use of electronic communication; it is not allowed to do any promotion or marketing for the .uk domain ("we'd love to do that", Cowley said); and under its current rules, the managing director also has to be the chairman.

With the existing articles, the board may change the voting rules any time it pleases. And it also faces an almost impossible task of expelling members - something that came to a head when Nominet was forced to sue one of its members for misleading consumers while all the while the company used its membership of Nominet as evidence of its trustworthiness.

"We've gone 10 years without an extraordinary general meeting, and I'd be more than happy to go another 10 years without one," said Cowley. "But what we want is to be much more responsive and quick to some of the changes that will happen in the industry whether we like it or not."

Gilbert reiterates the same line: "Nominet's original constitution has served it wonderfully well, but it's time to move on and what we want to do is give the management the ability to run the company the way they see fit."

High performance access to file storage

More from The Register

next story
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
France bans managers from contacting workers outside business hours
«Email? Mais non ... il est plus tard que six heures du soir!»
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
HP ArcSight ESM solution helps Finansbank
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.