Northern Territory Consolidated Acts Northern Territory Consolidated Acts56. Dealing with property
(1) A reference in this Act to dealing with property includes a reference to doing or attempting to do any of the following:
(a) sell the property or give it away;
(b) dispose of the property in any other way;
(c) move or use the property;
(d) accept the property as a gift;
(e) take any profit, benefit or proceeds from the property;
(f) create, increase or alter any legal or equitable right or obligation in relation to the property;
(g) effect a change in the effective control of the property.
(2) In subsection (1), a reference to the use of property does not include reasonable and necessary use for ordinary daily requirements of life.
(3) Subsection (1) does not prevent -
(a) the renewal of a pre-existing lease agreement over land; or
(b) the issue of a notice of default by a landlord or mortgagee, and the exercise of the landlord or mortgagee's rights, under the terms of the lease or mortgage, as the case may be.