Northern Territory Consolidated Acts Northern Territory Consolidated Acts32. Failure to accept offer of lease
(1) Where a person is offered a lease and he or she fails, within such time as the Minister allows, to accept the offer or to pay an amount that is due and payable in respect of the lease, the Minister may, by notice in writing to the person, revoke the offer for the lease and retain all or such part as the Minister thinks fit of the money that the person has already paid in respect of the lease.
(2) Where the Minister retains money in respect of a lease in pursuance of subsection (1) in circumstances where all or part of the money would be payable to an outgoing lessee, the Minister may pay all or part of the money to the outgoing lessee.