Northern Territory Numbered Acts Northern Territory Numbered Acts(1) If a licence or permit is cancelled, the registration of each vessel used under the licence or permit is also cancelled.
(2) However, the Director must re-register each vessel if the cancellation of the licence or permit is revoked.
(3) In addition, subsection (1) does not prevent the vessel being registered in relation to a licence or permit held by a person other than:
(a) the holder of the cancelled licence or permit; or
(b) a partnership or company in which the holder of the cancelled licence or permit is a partner or has an interest.