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

24A. (1) The Commissioner may give notice to a trustee of a trust requiring him to furnish, within the time limited by such notice, not being less than thirty days from the date of servic e of such notice, a return containing - Cap. 123. (a) a true and correct statement, certified by a warrant holder referred to in article 57, of the income attributable to such trust as referred to in article 27B of the Income Tax Act ; and Cap. 123. (b) (i) the names and addresses of those beneficiaries to whom income has been allocated as provided in article 27D(4) of the Income Tax Act , together with the relative amoun ts so allocated; and (ii) the amount, date of allocation, type and country of source of the income so allocated for each beneficiary referred to in subparagraph (i). (2) ( a) A return under the provisions of this article shall be deemed to be a return required to be furnished under the provisions of article 10. (b) A trustee who issues a false certificate to the Commissioner shall be guilty of making a false statement within the meaning of article 52(1)( b). Returns to be furnished by settlors. Added by: XIII. 2004.88. Amended by: L.N. 425 of 2007.