On Sun, 17 Mar 2002 04:26:29 +1100, you wrote:

>The code will be enforceable by auDA, and failure to abide by the code can
>result in loss of registrar licence.  However ultimately any company can
>sell domain names without any licence.  The licence purely gives them direct
>access to communicate with the registry.  A comany can still act on behalf
>of the registrant and purchase their domain names from any registrar or
>reseller.

So the owners of a "shonky" registrar company can set up a second
company for the sole purpose of purchasing domains through their
registrar company thus avoiding any chance of the registrar company
losing its licence.

-- 
Best wishes,
Malcolm