Northern Territory Consolidated Acts Northern Territory Consolidated Acts17P. Disqualification resulting from cancellation or suspension of licence
(1) If the Commissioner suspends a licence under this Part and, on appeal (if any), the Court upheld the suspension, the agent under the licence must not during the period of suspension -
(a) carry on business as an agent; or
(b) be employed or otherwise engaged in the business of another agent.
Penalty: 500 penalty units.
(2) If the Commissioner cancels a licence under this Part and, on appeal (if any), the Court upheld the cancellation, the person who was the agent under the licence is disqualified from holding a licence for a period of 12 months from the date when the cancellation took effect.
(3) A person who is disqualified from holding a licence under subsection (2) must not during the period of disqualification be employed or otherwise engaged in the business of an agent.
Penalty: 500 penalty units.
(4) An agent must not employ or otherwise engage in the agent's business an agent whose licence has been suspended or a former agent whose licence has been cancelled during the period of disqualification referred to in subsection (1) or (2).
Penalty: 500 penalty units.
part 4 - [repealed]