In forceAs enactedCurrent version · As enactedSee versions on Attorney General's Chambers(opens the publisher’s site)
Investment Incentives Order, 2001 · As enacted · Part XV
Investment Incentives Order, 2001 · As enacted · Part XV
Official textFrom Attorney General's Chambers, unchanged
Any officer authorised by the Collector or any senior officer of customs may compound any offence which is prescribed to be a compoundable offence by accepting from the person reasonably suspecteq of having committed the offence a sum not exceeding $1,000.
Collector
"Collector" means the Collector of Income Tax appointed under the Income Tax Act;
On payment of that sum, the person reasonably suspected of having committed an offence, if in custody, shall be discharged, any property seized shall be released and no further proceedings shall be taken against that person or property.
Offences by companies and by employees and agents.
Collector
"Collector" means the Collector of Income Tax appointed under the Income Tax Act;
senior officer of customs
"officer of customs" and "senior officer of customs" have the same meanings as in the Customs Act;