Northern Territory Consolidated Acts Northern Territory Consolidated Acts27. Restriction on disposition of moneys
(1) The Commissioner may by notice in writing served upon an ADI, the Territory Insurance Office or other person having the custody or control of trust moneys affected by the provisions of this Part, restrict or prohibit any dealing in or disposition of those moneys.
(2) A person who acts in contravention of an order under subsection (1) shall be guilty of an offence and liable to a penalty on being found guilty not exceeding 100 penalty units or imprisonment for 6 months.