Northern Territory Consolidated Acts Northern Territory Consolidated ActsA legal practitioner must not, in acting for a lender or contributor:
(a) advance to a borrower for a run-out mortgage any money entrusted to the practitioner; or
(b) do any work for the purpose of extending the term of a run-out mortgage; or
(c) accept any money from a client for the purpose of advancing the money to a borrower for a run-out mortgage; or
(d) do anything in contravention of the regulations or the professional conduct rules relating to run-out mortgages.