Northern Territory Numbered Acts

STATUTE LAW AMENDMENT (TERRITORY ECONOMIC RECONSTRUCTION) ACT 2022 (NO 5 OF 2022) - SECT 94C

    (1)     This section applies if a licence was subject to the payment of any of the following:

    (a)     a licence fee, royalty or additional royalty;

    (b)     any other amount specified in or otherwise calculated in accordance with or attributable to the conditions of the licence.

    (2)     Any licence fees, royalties, additional royalties or other amount owing by the licensee at or after the end of the term of the licence or at or after the date of the cancellation or surrender of the licence is a debt due and payable to the Territory.

    (3)     Despite this section, the Minister may, if the Minister considers it appropriate, do any of the following in relation to an amount mentioned in subsection (1)(b):

    (a)     exempt a licensee from payment of the amount;

    (b)     waive (wholly or partly) payment of the amount;

    (c)     refund (wholly or partly) the amount.