Northern Territory Consolidated Acts Northern Territory Consolidated Acts24. Licences and permits
(1) A licence (other than a licence granted under section 90 or 102) or permit -
(a) expires on 30 June next following the date on which it is granted, unless the licence or permit is cancelled or suspended before the expiry date; and
(b) is not transferable.
(2) A licence granted under section 90 or 102 -
(a) remains in force for the period determined by the Commission and specified in the licence;
(b) may be renewed; and
(c) is not transferable.
(3) A licence or permit is subject to such conditions as are prescribed and such other conditions, not inconsistent with those prescribed or with this Act, as are endorsed on it.
(4) The fee for a licence or permit is as prescribed.
(5) The holder of a licence granted under section 90 or 102 must, while the licence remains in force, pay to the Commission the prescribed annual licence fee on or before each anniversary of the date on which the licence was granted.
(6) The granting of a licence or permit is not a guarantee of the financial viability of the person to whom the licence or permit is granted.