1. The applicant, as an SLD operator, must act in the interests of the UK Internet community as a trustee of the delegated SLD, and must demonstrate its ability to do so, and the mechanisms by which this will be achieved. Existing experience of the operation of Internet registry or other Internet services may help to demonstrate such ability. Appropriate mechanisms may include (but need not be limited to):
a) stakeholder participation in the development of policy; and
b) adequate communication with stakeholders.
2. The applicant must demonstrate the measures it proposes to take to minimise the risk to registrants from its own business or financial failure, both in terms of minimising the chances of such an occurrence, and minimising its effect by mechanisms including, but not limited to, data escrow.
3. The applicant must demonstrate its financial security and stability, in a way consistent with the nature of the tasks undertaken for operating the proposed SLD, as detailed in the business model described at section F below (the "Business Model").
4. In demonstrating its financial security and stability, the applicant should provide adequate information about each of the following:
a) the applicant's sources of existing or guaranteed funding;
b) an adequate level and range of insurances;
c) the anticipated costs and capital requirements of each element of the Business Model;
d) the applicant's proposed arrangements for monies to be held in escrow to meet the cost of maintaining and transferring the operation of the proposed SLD in the event of the business failure of the applicant and before appointment of a replacement operator. This applies whether such monies are paid on a lump-sum basis or on a profit-percentage basis or through insurance; and
e) details of external audits to be performed on the applicant during the period of its operation of the proposed SLD.
5. In relation specifically to the factors listed at paragraph E4 above and generally to the content of the Business Model at section F below, the applicant is alerted to the contractual provisions listed at Paragraph L5 of the SLD Procedure.
6. The application must identify proposed senior staff of the applicant (by name) and provide a curriculum vitae (‘CV’) for each. The CV must provide all relevant details about the proposed staff member’s skills, past experience and also specify which proposed role the staff member will (or does) fill in the applicant organisation, and what that role entails.
1. The application must demonstrate in the Business Model that potential registrants will have an adequate choice of registration agents who may offer registrations within the proposed SLD on competitive terms. If the Business Model does not include a wide choice of registration agents freely operating in the market, the application must provide a satisfactory explanation as to why this will not hinder the registration agent market.
2. The onus is on the applicant to demonstrate that the benefits offered to existing and potential registrants in terms of increased choice between SLDs outweigh the likely costs imposed on existing and potential registrants in other SLDs who may consider themselves obliged to make defensive registrations to protect their rights.
3. In relation to both closed and open SLDs, the application must include evidence of genuine demand for the proposed SLD from potential registrants and users (rather than the Internet industry) together with market projections and analysis.
4. The applicant must demonstrate how it seeks to develop policy with regard to the interests of each relevant stakeholder group, whether it is the specific community relevant to a closed SLD or the Internet community in general.