Northern Territory Consolidated Regulations Northern Territory Consolidated Regulations(1) A person who ceases to hold a licence:
(a) shall, within 6 months after the day he or she ceased to hold the licence, remove from all vessels used for the purposes of the licence the marks indicating the registration number; and
(b) shall not use the vessel in water while the vessel is marked with a registration number.
(2) A person shall not sell, lease or otherwise dispose of an unregistered vessel which is marked with a registration number, other than to a licensee.
(3) A person other than a licensee shall not purchase or lease an unregistered vessel marked with a registration number or use such a vessel in water whilst it is so marked.