196Territory's right of subrogation

196 Territory's right of subrogation (1) On paying compensation to a person under section 192 or 193, the Territory is subrogated to the rights of the person against the person responsible for the deprivation, loss or damage under the section. (2) Without limiting subsection (1), the Territory has rights of subrogation against persons (including legal practitioners, conveyancing agents and surveyors) who in the course of their professional duties have prepared documents for registration that have, in whole or in part, led to the loss or damage. (3) If in exercising its rights under subsection (1) the Territory receives an amount that is more than the amount it paid to the person, the Territory must pay the difference to the person after deducting the Territory's costs.