Northern Territory Consolidated Acts17B. Duration of licence
A licence has effect -
(a) until the expiry of the relevant licence period;
(b) until it is cancelled;
(c) until it is surrendered;
(d) unless it is suspended;
(e) if it is granted to a person who is a natural person (but subject to section 17F) - unless the agent dies; or
(f) if it is granted to a person who is a corporation - unless the agent is dissolved,
as the case may require.