Northern Territory Numbered Regulations

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MINERAL TITLES REGULATIONS (NO 39 OF 2011) - REG 90

Notice of change

    (1)     For section 98(1)(c) of the Act, the holder of a mineral title who is an individual must give the Minister a notice of change if the title holder:

(a)     becomes bankrupt; or

(b)     has applied to take the benefit of any law for the relief of bankrupt or insolvent debtors; or

(c)     has compounded with the title holder's creditors or has assigned the title holder's remuneration for their benefit.

Note for subregulation (1)

Section 98(3) of the Act applies to a corporation.

    (2)     Also, if the holder of a mineral title has nominated an agent whose name or contact details have changed, the title holder must give the Minister a notice of change under section 98 of the Act.

    (3)     A notice of change must specify the new details or circumstances relevant to the title holder.



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