auDA,Australia's domain name authority has recently decided to cancel the current registrant's domain name licence for breach of policy and to delete the domain MirandaKerr.com.au .
James Wester bought MirandaKerr.com.au in March and managed to attract media attention when he implied that the domain name is worth $200,000 .Even though James Wester offered the domain name to Miranda Kerr for free,auDA decided to cancel his domain name license for breach of policy and to delete the domain name .
“The purpose of the rule against resale is to prevent people from “cybersquatting” the names of well-known people and brands,” said Chris Disspain, CEO of auDA.
“The rule has been in place since auDA assumed control of the .au namespace in 2002, and it has been affirmed in every public policy review that auDA has conducted since then. The Australian Internet community has made it clear, time and time again, that it values the high levels of trust and integrity that distinguish .au from other TLDs like .com,” he added.
James Wester is well known in community.He has about 6,500 domain names,including electricity.com.au .