S.L. 123.71 · Reinvestment Tax Credit (Income Tax) (S.L. 123.71)
S.L. 123.71 Art. 6Examination of records.
(a) Where a benefit has been provided in terms of these regulations, the Corporation may -
(i) from time to time make such examination of books and documents, hold on-site inspections on premises and all other things and matters of that person as may be necessary to ensure that the benefit is being applied for the purpose for which it has been made; and
(ii) request such financial statements from the person as it may require, to be submitted quarterly or at shorter intervals at the discretion of the Corporation.
(b) Where the Corporation is not satisfied that an eligible person is employing the benefit for the purpose it is intended for or has failed to fulfill any condition under these regulations, such person shall immediately forfeit the right for the benefit.