Northern Territory Consolidated Acts Northern Territory Consolidated Acts69. Powers of Board after inquiry
(1) Where, at the conclusion of an inquiry conducted pursuant to section 68(4), the Board is satisfied that it is authorised to take disciplinary action against a licensed agent, the Board may:
(a) reprimand or caution the agent;
(b) by notice in writing, impose a fine not exceeding 50 penalty units on the agent;
(c) by notice in writing, suspend the licence of the agent until the expiration of the period, or the fulfilment of a condition, specified in the notice; or
(d) by notice in writing, revoke the licence of the agent.
(1A) The Board shall, for the purposes of taking action of a kind specified in subsection (1)(a), (b), (c) or (d), take into account a period of suspension, if any, imposed under section 68A(1) on the licensed agent in respect of whom it proposes to take that action.
(2) Where the Board decides to take action of a kind specified in subsection (1)(a), (b), (c) or (d), the Registrar shall accordingly in writing inform:
(a) in the case of a licensed agent or former licensed agent, as the case may be, who is an employee of, or a director of, a company which is a licensed agent - that company; or
(b) in the case of a licensed agent or former licensed agent, as the case may be, who is an employee of a firm which is a licensed agent or a person by whom such a firm is constituted - that firm,
as the case requires.
(3) Where the Board decides to take action of a kind specified in subsection (1)(a), (b) or (c), the Board may, by notice in writing, direct the licensed agent to take, or to refrain from taking, a specified action within such time as the Board shall in that notice specify.
(4) The Board may, if it thinks fit, either before or after the expiration of a period fixed under subsection (1)(c) or (3), extend that period.
(5) Where the Board revokes a licence under subsection (1)(d), the Board may, in the notice referred to in that subsection, specify a period that shall elapse or impose a condition that shall be fulfilled before the person formerly licensed may apply again for a licence.
(6) Where a period is specified or a condition imposed under subsection (5), the person formerly licensed is not eligible to apply for a licence until the expiration of that period or the fulfilment of that condition to the satisfaction of the Board, as the case may be.
(7) Where the Board revokes a licence under subsection (1)(d) and does not specify a period that shall elapse or impose a condition that shall be fulfilled under subsection (5), the person formerly licensed is not, without the approval of the Board, eligible to apply for a licence.
(8) Where the Board decides to take action of a kind specified in subsection (1), the Board shall record the reasons for its decision and shall direct the Registrar to furnish a copy of those reasons to the licensed agent or person formerly licensed.