Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) An approved insurer shall, not later than 28 days before the day on which a policy of insurance or indemnity against liability under this Act is due to expire, notify, in writing, the employer who obtained the policy or a person acting as the agent of the employer of the date on which the policy is due to expire and that the policy will expire on that date unless a premium, as agreed by the insurer and the employer, for the renewal of the policy is paid or agreed to be paid on or before that date.
(2) Where:
(a) an approved insurer fails to comply with subsection (1); and
(b) before the policy referred to in that subsection expired, the employer who obtained the policy had not obtained another policy of insurance or indemnity against liability under this Act,
then, by force of this section, there exists between the approved insurer and the employer a policy of insurance or indemnity against liability under this Act which shall provide the same cover as provided by the expired policy commencing on the date of the expiration of that policy and expiring 28 days after a notice as required by subsection (1) is given to the employer.
(3) A notice under subsection (1) given after the time specified in that subsection shall contain a statement that the policy of insurance or indemnity against liability under this Act as existing between the employer and the approved insurer shall, in accordance with subsection (2), expire 28 days after the notice is given.