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Notify of financial difficulties

If you’re facing financial trouble like bankruptcy or insolvency, it can affect how your business operates and whether you're still fit to hold a liquor licence under the law.

What you must do

You must notify Licensing NT within 7 days so the director of liquor licensing can assess your situation.

A trustee or administrator can apply for approval to run your licensed premises.

When to notify

Notify within 7 days if you:

  • become bankrupt
  • apply for protection under a law that helps people with unmanageable debt
  • make a deal with your creditors to pay off debt or hand over your assets
  • are placed under administration or in liquidation.

If you don’t, you may be committing an offence under the law.