There is no specific legislation although some regulations on the organization and management of country code top-level domain names do exist.

Country code top-level domain name: .is 

Sub-domains: none.

Applicant: individuals and legal entities. 

Restriction as to nationality: none. 

Local presence: not required. 

Domestic trademark right: not required. 

Domain name can be registered as a trademark: yes.

Duration: one year.

Renewal/maintenance: one year, renewable.

Dispute about ownership: to be brought before the ISNIC’s Appeal Board or the District Court. 

Uniform dispute resolution procedure: none.

Authority name: ISNIC. 

Internet address: www.isnic.is