Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsWhen the tax due from a person is deemed to be in default and is to be a charge on all his assets
| 7. Where a commercial bank reports under subsection (3) of section 5 that it is unable to collect any amount of the tax due on the debits made during any calendar month against the current account of any person, an officer of the Central Bank of Ceylon who is authorized in that behalf by the Governor of such Bank shall in writing order such person to pay, within fourteen days after the date of the order, such amount to the Central Bank of Ceylon to be credited to the Consolidated Fund of Ceylon. If such person fails to pay such amount to the Central Bank of Ceylon within such fourteen days, such amount shall be deemed to be in default and shall be a charge on all his assets. |