Section 47

Commissioner may require security (TPA 2nd Sch Para 17)

(1) The Commissioner may, in order to secure the payment by any person of any tax, or other sum payable under this Act, require the person concerned to furnish security thereof in such manner as may be prescribed and for such amount as the Commissioner considers reasonable having regard to the circumstances.

 (2) Any person who, without reasonable excuse, fails to comply with a requirement of the Commissioner under this section within such reasonable time as the Commissioner may allow commits an offence.


Next