Northern Territory Consolidated Acts Northern Territory Consolidated Acts45. Indemnification of agreeing parties
(1) In this section, agreeing party means a person who enters (as an acceptable person) into an agreement under section 27.
(2) If a person indemnifies another person, or agrees with another person to indemnify the other person, against any forfeiture which the other person may incur as an agreeing party, he and the other person are each guilty of an offence against this section.
Penalty: $3,000 or imprisonment for 3 years.
(3) An offence is committed against this section:
(a) in relation to an agreement referred to in subsection (2) - whether the agreement is made before or after the person to be indemnified becomes an agreeing party and whether or not he becomes an agreeing party; and
(b) whether the compensation is or is to be in money or in money's worth.