Nominet has announced the rules and prices they charge to registrars for multi-year registrations, with the options for registrations from one to ten years, when the new rules come into place on 1 May 2012.
Under the new multi-year registration options, single year registrations will be more expensive, with the prices charged to registrars being £3.50, while registrations for two or more years costing £2.50 (VAT) per year. The default registration period will be for two years.
However the new rules will only be available for registrations through registrars that are Nominet members. Non-members will only be able to register and renew domains for the default 2-year period.
Leading up to the implementation of multi-year registrations, Nominet will provide technical specifications on 31 January and make the testbed available on 2 April.
For more information, see www.nominet.org.uk/registrars/systems/Plannedchanges/developmentroadmap/multiyear/