S.L. 364.21 Art. 4Paymentmethod additional penalty, additional tax and interest.

(1) The additional penalty shall be paid immediately of upon the signing of the agreement or in instalments over a period of time, as may be determined by the Commissioner.

(2) Where the amount is to be paid in instalments, the first instalment shall amount to at least ten percent (10%) of the additional penalty which shall be paid upon the signing of the agreement. The debtor shall be obliged to provide a guarantee to the satisfaction of the Commissioner covering the payment of the amount of the additional penalty which is still outstanding at the time of the agreement.

(3) Where the debtor defaults on any one or more of the payments in instalments in respect of the tax due, additional tax, interest and additional penalty, the Commissioner shall be entitled to recover the entire outstanding balance which shall become immediately due and payable by virtue of the executive title obtained upon the signing of the agreement.

SCHEDULE (rule 3)

Endangered Tax Endangered Tax Progressive rate (€) (€) (%) Up to 1,500,000 15.0 1,500,001 2,500,000 20.0 2,500,001 4,000,000 25.0 and over

Each rate applies only to the portion of the amount falling within its respective bracket