Liquidator obligations: set aside notified tax amount and risk personal liability if assets are disposed improperly. The amendment requires the liquidator to refrain from parting with company assets without the Commissioner's leave until notified by the Income-tax Officer; on notification the liquidator must set aside an amount equal to the notified tax and not dispose of assets until so set aside, subject to a proviso permitting payment of the company's tax, priority secured creditors, and reasonable winding-up costs. Failure to notify, to set aside, or improper disposition renders the liquidator personally liable for the company's tax, limited to the amount notified.