Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) Where the Minister proposes to sell or otherwise dispose of a right to the grant of a pastoral lease by auction, tender or as the result of the invitation of applications, he or she shall give notice of:
(a) in the case of a sale of the right by auction – the date, time and place at which the auction will be conducted;
(b) in the case of a sale of the right by tender or the sale or disposal as the result of the invitation of applications – the closing date for the submission of tenders or applications, and the place where they must be submitted;
(c) a general description of the land; and
(d) the place at which details of the land may be obtained.
(2) Subject to subsection (4), a notice under subsection (1) shall be published in the Gazette , and by such other means, if any, as the Minister thinks fit, not earlier than 3 months or later than 28 days before the tenders or applications are to close or the sale is to take place.
(3) Where the Minister proposes to include in a pastoral lease a provision by virtue of which the lessee may acquire or claim a right to another lease, the notice under subsection (1) shall include a reference to the right.
(4) Where a notice under subsection (1)(b) specifies a date as the closing date for the submission of tenders or applications, the Minister may, before the closing date, by notice in the Gazette , specify a later date as the closing date for the submission of the tenders or applications and the later date so specified shall be the closing date accordingly.
(5) A tender for the purchase of the right to the grant of a pastoral lease may indicate the date until which the offer to purchase remains open but, notwithstanding that such a date is indicated, the offer may be withdrawn at any time before it is accepted.
(6) The Minister is not bound to accept the highest, or any, tender for the purchase of the right to the grant of a pastoral lease offered for sale in pursuance of this section.
(7) The Minister may withdraw an offer of the right to the grant of a pastoral lease at any time before a person obtains the right.