Account payee cheque requirement now prescribes account payee cheques or bank drafts for tax payment validity. Amendment replaces the phrase "a crossed cheque drawn on a bank or by a crossed bank draft" in the specified subsections with "an account payee cheque ... Summary
Account payee cheque requirement now prescribes account payee cheques or bank drafts for tax payment validity.
Amendment replaces the phrase "a crossed cheque drawn on a bank or by a crossed bank draft" in the specified subsections with "an account payee cheque drawn on a bank or account payee bank draft," thereby requiring account payee instruments in place of crossed cheques or drafts for the provision's payment-form condition.
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