Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) The Authority may, on its own initiative, vary the conditions of an approval under section 119 or 120.
(2) Before varying the conditions, the Authority must give the insurer or employer written notice:
(a) explaining the proposed variation; and
(b) stating the reasons for the proposed variation; and
(c) inviting the insurer or employer to submit a response to the proposed variation within 28 days after the date of the notice.
(3) The Authority may, having considered any response mentioned in subsection (2)(c), vary the conditions of the approval as proposed in the notice or in another way the Authority considers appropriate.
(4) As soon as practicable after deciding to vary the conditions under subsection (3), the Authority must give a written notice to the insurer or employer:
(a) explaining the variation; and
(b) stating the date on which the variation takes effect (which must not be sooner than 7 days after the notice is given).
(5) The variation takes effect on the date mentioned in the notice under subsection (4).
(6) Subsections (2) to (5) do not apply if the variation is for a formal or clerical reason that does not alter the substance of the conditions.