If the example.uk is registered and then cancelled within the 5 years, can someone else register it on a first-come, first served basis or does the example.co.uk owner still retain rights up to the end of those 5 years?

If example.uk is registered and then cancelled within the 5 years, it becomes available on a first-come, first-served basis.

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Minerva House, Edmund Halley Road, Oxford Science Park, OX4 4DQ, United Kingdom