4.
(1) Every person who deposits moneys in a special account in the Bank under the provisions of section 3 shall-
| | (a) make a declaration to the Bank in the Form set out in the Schedule to this Act; and | | |
| | (b) be liable to pay to the Commissioner-General, a tax of an amount equal to 30 per centum of the moneys so deposited. | | |
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(2) The tax payable by any person under subsection (1) shall, notwithstanding anything in any written law, be paid to the Commissioner-General by the Bank on or before April 30, 1979, out of moneys lying to the credit of such person in any such special account as is referred to in section 3. |
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(3) The payment by the Bank of the tax to the Commissioner-General under subsection (2) from the moneys lying to the credit of any person in any such special account as is referred to in section 3 shall be deemed to be authorized by such person, and such tax shall be deemed to have been paid by such person, to the Commissioner-General |
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