Northern Territory Numbered Acts Northern Territory Numbered Acts(1) Section 47(1) to (3)
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(1) If a licensee is, or is expected to be, unable for any reason to conduct the business of the licensee during any period of time, the licensee must:
(a) appoint a person to act as the licensee to conduct the licensee's business during that period; and
(b) give written notice to the Commission of the full name, address and occupation of the person within 3 days after the date of the appointment.
Maximum penalty: 20 penalty units.
(2) If the licensee has not appointed anyone under subsection (1), the Commission may appoint a person to act as the licensee to conduct the licensee's business during that period.
(2) Section 47(4)
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or (3) shall not act in place of a licensee
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or (2) must not act as a licensee
(3) Section 47(4), at the end
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Maximum penalty: 20 penalty units.
(4) Section 47(5)
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shall cancel
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must cancel
(5) Section 47(6)
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in place of a licensee
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as a licensee