Income Tax Management Act (Cap. 372), article 24

24. (1) Where any person in any capacity whatsoever - (a) receives any profits or incom e to which the provisions of the Income Tax Acts apply which belong to some other person; or (b) pays to some other person, or to his order, any profits or income to which the provisions of the Income Tax Acts apply and which belong to such other person, then the Commissioner may give notice to such first-named perso n requiring him to furnish within the time limited by such notice , not being less than thirty days from the date of service of such no tice, a return containing - (i) a true and correct state ment of all such profits and income; and (ii) the name and address of every person to whom the same belong or are paid: 26 CAP. 372.] INCOME TAX MANAGEMENT Provided that, subject to the provisions of article 10A, no such person shall, by virtue of this article, be obliged to dis close any information in relation to another person which he holds in the capacity of a trustee of a trust o r which is otherwise covered by the duty of professional secrecy. (2) A notice under sub-article (1) may be given by the Commissioner so as to apply either generally to persons to whom such profits or income as are me ntioned in that sub-article bel ong or are paid or to any particular person or class of persons as aforesaid. Returns to be furnished by trustees. Added by: XIII. 2004.88.