Northern Territory Consolidated Acts Northern Territory Consolidated Acts18. Assessment of compensation
(1) Compensation awarded to a creditor under section 16 or 17 shall be such amount as is determined by the Registrar under that section but shall not in any case exceed the amount of the loss sustained by the creditor by reason of the operation of this Act or the amount of the loss, whichever is the lesser amount.
(2) Where, by the operation of this Act, a creditor has, by subrogation, rights against the purchaser of goods in relation to which that creditor had a registrable interest, the maximum amount of compensation which may be awarded to that creditor under section 16 or 17 is the amount (if any) by which the creditor's loss exceeds the unpaid balance of the purchase price.