Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) If rates imposed on an allotment are a charge on the allotment and have been in arrears for at least 6 months, the Corporation may apply to the Registrar-General for registration of the charge.
(2) The Registrar-General must, on payment of the appropriate fee by the Corporation:
(a) register the charge as an overriding statutory charge; and
(b) notify all persons with a registered interest in or over the allotment of the registration of the charge.
(3) Failure to give notice of the registration of the overriding statutory charge under subsection (2)(b) does not invalidate the registration of the charge.
(4) The Registrar-General must, on payment of the appropriate fee, cancel the registration of the overriding statutory charge if the Corporation applies for the cancellation.
(5) The Corporation must apply for the cancellation if the liability to which the overriding statutory charge relates is fully satisfied, and may apply for the cancellation for any other reason.