Northern Territory Consolidated Acts Northern Territory Consolidated Acts31. Issue of licences
(1) Where:
(a) the Board grants an application for a licence; or
(b) a Stipendiary Magistrate orders, on the hearing of an appeal under Part X, that an application for a licence be granted,
the Registrar shall issue to the applicant a licence or provisional licence or restricted licence, as the case may be, in the prescribed form to carry on business at the place or places or, in the case of a restricted licence, in accordance with the conditions specified in the licence.
(5) A licence issued to a company or firm shall specify the name or names of the business manager or business managers of the company or firm and the approval in writing of the Board shall be necessary before any substitution for, or addition to, the business manager or business managers so specified will be recognized for the purposes of this Act.
(6) Where, under subsection (5), the Board approves a substitution for, or addition to, the business manager or business managers of a company or firm, the Registrar shall, on the surrender to the Registrar of the licence previously issued to the company or firm, issue a new licence to the company or firm specifying the name of the business manager or business managers, for the time being, of the company or firm.
(7) A licence issued under subsection (6) shall take effect from the date upon which the licence is issued and shall continue in force for the period that the licence would have continued in force but for the substitution or addition effected under subsection (5).