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[council] Protection of new gTLD application fees
- To: "council@xxxxxxxxxxxxxx" <council@xxxxxxxxxxxxxx>
- Subject: [council] Protection of new gTLD application fees
- From: Bruce Tonkin <Bruce.Tonkin@xxxxxxxxxxxxxxxxxx>
- Date: Tue, 8 Jan 2013 06:55:21 +0000
- Accept-language: en-AU, en-US
- List-id: council@xxxxxxxxxxxxxx
- Sender: owner-council@xxxxxxxxxxxxxx
- Thread-index: Ac3tbJFvM+BoRovfQgGD7aG0jRqk8A==
- Thread-topic: Protection of new gTLD application fees
Hello All,
Note that ICANN has received external financial advice on the best way to
preserve the funds from new gTLD application fees to cover the costs associated
with the program over the next few years. The Board has approved the policy as
described below:
http://www.icann.org/en/about/financials/investment-policy-new-gtld
Note this is not related to the use of any funds that may arise from possible
auctions where there is contention.
Regards,
Bruce Tonkin
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