The “Registry .cy” informs that the following two provisions in the new Decree have been enforced:

– Change of domain name ownership
The owner of a domain name has now the option to submit a “Change of Ownership” request. The request will be evaluated and after approval, the NEW OWNER / REGISTRANT will have to pay the €10,00 “change of ownership” fee.
The domain name expiry date is transferred from the old owner/registrant to the new owner/registrant.
For instructions on the Change of Ownership process, click here

– Change of domain names registration period
The license for all new domain name registrations is valid for either 1, 2, or 5 calendar years.
For instance, a domain name registered on March 9, 2022 with a one-year license, will expire on March 9, 2023 and not on December 31, 2022 as was the license period until recently.