Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) A legal practitioner is guilty of an offence if the practitioner:
(a) in the practitioner's capacity as legal practitioner for a lender or contributor, negotiates the making of or acts in relation to a Territory regulated mortgage; and
(b) fails to give the Law Society written notice of that fact as required by the regulations.
Maximum penalty: 50 penalty units.
(2) An offence against subsection (1) is an offence of strict liability.