Northern Territory Consolidated Acts Northern Territory Consolidated Acts47. Acting licensee
(1) Subject to subsection (3), where a licensee is, or is expected to be, unable for any reason to conduct the business of a licensee, the licensee shall appoint a person to act in his place during his inability to conduct the business of a licensee.
(2) A licensee shall notify the Commission of the full name, address and occupation of a person appointed under subsection (1) before the expiration of 3 days after the date of the appointment.
(2A) A notification under subsection (2) shall be:
(a) in writing and posted to or lodged with; or
(b) by telegram or telex addressed to,
the Director.
(3) Where a licensee is unable for any reason to appoint a person to act for him during his inability to conduct the business of a licensee, the Commission may appoint a person to act in place of the licensee during the period that the licensee is unable to conduct the business of a licensee.
(4) Unless the Commission otherwise determines, a person appointed under subsection (1) or (3) shall not act in place of a licensee for more than 42 days during any period of 12 months that the licence is in force.
(5) Where:
(a) a licensee's inability to conduct the business of a licensee is, or is expected to be, permanent; and
(b) an application for transfer of the licence of that licensee is not made in accordance with section 41 within the period referred to in subsection (4) of this section,
the Commission shall cancel that licence at the expiration of that period, unless arrangements which are satisfactory to the Commission are made during that period to conduct the business of the licensee.
(6) A person appointed to act in place of a licensee has all the rights, powers, authorities, functions, duties and obligations of a licensee under this Act.