| Makin a profit
Nominet's structure is based in part on fee paying memberships, amongst which a number of drop catching tag holders who are, depending on the names they acquire, able to sell them on, a situation which has been known and accepted for many years. Although a not for profit organisation itself, one presumes that as a limited company its records will reflect it makes corporate profits against which it will pay corporation tax.
To publically bar people from making a profit from the sale of domain names would in fact be counter productive to them, as it aligns them more towards the requirements of a government body, and would only serve the wishes of those who would like it to be so.
One should be thankful that Nominet is currently structured in this way, as there is no way on earth that a government body would allow for private members to be given the advantages of the current tag holder structure. All government bodies which are required to provide public services must do so in an even handed and fair manner to the public. On this basis though, it would be in Nominet's interests to clarify its acceptance of making a profit, else it will find itself more exposed to the calls of those wishing to see it made more accountable to government.
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