Northern Territory Consolidated Acts

REGISTRATION OF INTERESTS IN MOTOR VEHICLES AND OTHER GOODS ACT - SECT 20

(1) A person shall not, in relation to an application for -

(a) registration of an interest in goods; or

(b) a variation of information recorded in the Register,

make a statement, or provide information, that is false or misleading by reason of the inclusion of false or misleading matter or the omission of any material matter.

Penalty: $1,000.

(2) Where a registered interest in goods ceases to be a registrable interest before the Registrar is authorized by section 11 to cancel the registration, the holder of the interest shall, not later than 7 days after the interest ceases to be a registrable interest, lodge with the Registrar the documents, or other notification, necessary to obtain cancellation of the registration under section 11(3).

Penalty: $500.

(3) It is a defence to a prosecution of a person for an offence against subsection (1) if it is proved that when the statement was made or the information was given, the person -

(a) believed on reasonable grounds that the false matter was true;

(b) believed on reasonable grounds that the misleading matter was not misleading; or

(c) in the case of an omission -

(i) believed on reasonable grounds that material matter had not been omitted; or

(ii) did not know that the omitted matter was material.