Cap. 395 ст. 57Refund to be made within a time-limit.

(1) Subject to the provisions of this Act, where the

Director is required to refund any amount to any registered person pursuant to any of the provisions of this Act, the Director shall refund to that registered person the amount required to be refunded not later than the end of the fourth month following the date on which the return of that registered person was due to be made or was received by the Director, whichever is later.

(2) Where any registered person has in respect of a tax period, failed to pay to the Director, in whole or in part, any tax payable on the due date, the Director may set off, against the said tax, any amount or any part of any amount otherwise refundable to that registered person under the provisions of this Act and where any tax as aforesaid is in dispute, the Director may delay any refund due up to the amount of the disputed tax.

(3) Where, in respect of a taxable period, any registered person has failed to submit a return for any taxable period as required by this Act, the Director may withhold payment of any amount refundable in accordance with subarticle (1), until the registered person has complied with that requirement and paid the amount of tax payable.

(4) Where, in relation to the return furnished or to be furnished by any registered person, subarticle (2) or subarticle (3) applies, the Director shall give notice in writing to the registered person accordingly within the period specified in subarticle (1).

(5) A refund due in accordance with any provision of this Act shall be payable without any further appropriation other than this Act by warrant under the hand of the Minister.