Northern Territory Numbered Acts Northern Territory Numbered Acts(1) Section 9A(1) and (2)
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(1) A person who holds a third party interest in a licence, or quota allocated to a licence, may apply, in the approved form accompanied by the prescribed fee, to the Director to register the third party interest.
(2) Within 28 days after receiving the application, the Director must:
(a) give the applicant written notice that the application has been received; and
(b) give the licensee written notice that:
(i) the application has been received; and
(ii) the licensee may, within 28 days after the date of the notice, lodge with the Director a written objection to the registration of the third party interest.
(2) Section 9A(3) and (4)(a) and (b), after "subsection (2)(b)"
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(ii)
(3) Section 9A(5)
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(4A) A third party interest is registered by entering the particulars of the interest in the appropriate register kept under section 9(1).
(5) If an application is made under this section, the Director must not approve the transfer of the licence under section 16A, or the transfer of the quota, until the Director has registered or refused to register the third party interest, even if the application for approval was received before the application for registration was received.
(4) Section 9A(6)
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maintained
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kept
(5) Section 9A(6)(b), after "licence"
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or quota