Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) This section applies if, in a financial year, a registered party receives a gift of $1 500 or more, or gifts totalling $1 500 or more, from the same person.
(2) Before 1 August after the end of the financial year, the party must, by written notice, tell the person about the requirements of section 194.
Maximum penalty: 500 penalty units.
(3) In this section:
gift has the meaning in section 194(8).