Northern Territory Numbered Acts Northern Territory Numbered Acts(1) A key person licence is required to hold a position or perform a function as any of the following:
(a) a director or executive officer of a wagering licensee;
(b) any managerial position or managerial function in the business of a wagering licensee that has a significant influence over the licensee's business;
(c) any position or function determined by the Commission under section 124 .
(2) A key person licence authorises an individual to hold any position or perform any function that requires the individual to hold a key person licence.