Northern Territory Numbered Acts Northern Territory Numbered ActsA regulated mortgage is a Territory regulated mortgage, in relation to a legal practitioner, if:
(a) the legal practitioner's practice is a Territory regulated mortgage practice; and
(b) the regulated mortgage does not form part of a managed investment scheme or, if it does form part of a managed investment scheme, the managed investment scheme is not required to be operated by a responsible entity under the Corporations Act (as modified by any ASIC exemption or the regulations under that Act).