Chapter IX - Reciprocal Arrangement for Assistance in Certain Matters and Procedure for Attachment and Confiscation of Property (From Section 55 to Section 61)
Recovery of fines and penalties: Director may use Income tax Schedule II procedures and Tax Recovery Officer powers after six months. If a fine or penalty under the Prevention of Money Laundering Act (sections 13 or 63) is unpaid six months after imposition, the Director or an authorised officer may recover the amount using the recovery procedure in Schedule II of the Income tax Act and shall have the powers of a Tax Recovery Officer to effect that recovery.
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Provisions expressly mentioned in the judgment/order text.
Recovery of fines and penalties: Director may use Income tax Schedule II procedures and Tax Recovery Officer powers after six months.
If a fine or penalty under the Prevention of Money Laundering Act (sections 13 or 63) is unpaid six months after imposition, the Director or an authorised officer may recover the amount using the recovery procedure in Schedule II of the Income tax Act and shall have the powers of a Tax Recovery Officer to effect that recovery.
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