S.L. 123.175 Art. 13Tax avoidance. Cap. 372

(1) Where the Commissioner is of the opinion that any qualifying contributions made into a qualifying scheme was so made solely or mainly for the purpose of postponing or reducing liability to tax chargeable under the provisions of article 4(1)(b) of the Act or of obtaining a tax credit under these rules, he shall, by order in writing, determine the liability to tax or the entitlement to a tax credit of the qualifying employee and, or qualifying employer, or of any other person, for any year of assessment, in such manner and in such amount as the Commissioner may in his discretion deem necessary in the circumstances of the case, to nullify or modify the said advantage.

(2) A person who disagrees with an order served upon him as aforesaid shall have the same rights to object to that order and to appeal from a decision of the Commissioner refusing that objection as if that order were an assessment issued under the Income Tax Management Act and the relevant provisions of that Act relating to objections and appeals shall apply mutatis mutandis.