Northern Territory Consolidated Regulations Northern Territory Consolidated Regulations(1) If a value is ascribed to a transferred liability in the Register, the value of the liability as at 30 June 2015 is that value.
(2) If the Register provides for the manner in which a transferred liability is to be dealt with in the accounts of the transferee or transferor of the liability, the transferee or transferor must deal with the liability in its accounts in that manner.