S.L. 372.18 Art. 11Provisional tax payer’s estimation of the tax payable.

For the purpose of rule 10 and subject to the provisions of rule 12 the current year liability shall be deemed provisionally to be an amount determined in the manner specified in rule 6 except that:

(a) the reference to the benchmark year of assessment shall be construed as a reference to the year of assessment on account of which the provisional tax payment in question is payable;

(b) the references to a self assessment shall be construed as references to a computation based on amounts estimated by the provisional tax payer at the time that the option is exercised.