Northern Territory Consolidated Acts

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STAMP DUTY ACT - SECT 47

Registration

47. Registration

(1) A life insurer intending to issue a life policy in respect of which duty is imposed may apply to the Commissioner for registration.

(2) The Commissioner must, on receiving an application from a life insurer under subsection (1), register the life insurer by entering the name of the life insurer in the Register.

(3) The Commissioner must notify the life insurer of its registration under this Division.

(4) The Commissioner must revoke the registration of a life insurer under this Division on receiving notification of the winding-up of the life insurer, or on receiving an application from the life insurer to revoke the registration.



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