Northern Territory Consolidated Acts Northern Territory Consolidated Acts10. Variation of prescribed information
(1) An application for the variation of information recorded in the Register under section 8 may be made to the Registrar.
(2) An application under section (1) shall -
(a) be made in the approved manner; and
(b) be accompanied by, or have had arrangements made with the Registrar for the payment of, the prescribed fee (if any).
(3) The Registrar shall, on receipt of an application under subsection (1) and after being satisfied that subsection (2) is complied with, vary the prescribed information recorded in the Register in relation to the prescribed interest to which the application relates.
(4) Where, in the circumstances of a particular case (other than circumstances requiring or permitting a cancellation of the registration of a registrable interest), the Registrar is satisfied that the information recorded in the Register in relation to a registrable interest is inaccurate, the Registrar may, whether or not an application has been made under subsection (1), vary the information in a manner which rectifies the inaccuracy.
(5) The Registrar shall not make a variation under subsection (4) involving the prime identifier of goods or 2 or more particulars of goods -
(a) without first giving written notice of the proposed variation to the person registered as holder of the interest concerned, requiring the person to advise the Registrar in writing within a specified period as to whether the variation should be made; and
(b) until the period specified in the notice for the giving of that advice has expired.
(6) If a person fails to advise the Registrar as required by a notice under subsection (5), the Registrar may -
(a) by further notice in writing to the person, require the person to furnish that advice within a specified further period and warn that a failure to do so may lead to cancellation of registration of the person's interest; and
(b) cancel the registration of the interest concerned if the person fails to advise the Registrar as required by that further notice.
(7) If the Registrar makes a variation under subsection (4) -
(a) the Registrar shall give notice of the variation to the person who is registered as holder of the interest concerned; and
(b) that person shall, if the Registrar so requires, pay the prescribed fee to the Registrar.
(8) A notice is sufficiently given to a person under this section if it is given by post, and a proper address for that purpose is the address of the person recorded in the Register.