NTIn ForceAct
Crown Lands Act 1992
17Payment of deposit
Start here
Get a plain-English read of 17
Turn the raw legal text into a practical explanation grounded in Crown Lands Act 1992.
17 Payment of deposit
Where the Minister has determined under section 16 that a deposit
is payable in respect of the grant of an estate in fee simple or a
lease, a person shall, on entering into a contract for the purchase of
the land or the lease, as the case may be, pay the deposit to the
Territory and, if the person does not complete the purchase as
required by the contract, the deposit shall be forfeited to the
Territory.
Crown Lands Act 1992 11