Northern Territory Consolidated Acts Northern Territory Consolidated Acts14B. Sale of uncollected motor vehicle
(1) If a motor vehicle affected by a registered interest is sold under Part 2 of the Uncollected Goods Act , the purchaser of the vehicle may apply to the Registrar to cancel the registration of the interest.
(2) The application must be accompanied by a copy of the receipt for the purchase of the vehicle and the prescribed fee.
(3) If satisfied the vehicle has been sold in accordance with Part 2 of the Uncollected Goods Act , the Registrar must -
(a) cancel the registration; and
(b) inform in writing the person registered as the holder of the interest that -
(i) the interest has been cancelled; and
(ii) the person may make a monetary claim under section 27(4) of that Act.