Cap. 406 Art. 17Tax period.

(1) The Commissioner shall allocate a tax period to every person registered under articles 10, 11, 11A and 12.

(2) Except as otherwise provided in this article, a tax period means a period of three (3) calendar months commencing on the first day immediately following the end of the preceding tax period.

(3) The Minister may by regulations prescribe in respect of such class or classes of persons as may be specified in the said regulations a tax period of either more or less than three (3) months.

(4) The first tax period of a person registered under articles 10 or 12 shall commence on the date that such person is registered in accordance with the said articles, and end on such date as may be determined by the Commissioner:

Provided that such a period shall not exceed one (1) year.

(5) When, during a tax period of a person, his registration under articles 10 or 12 is cancelled, such period shall end on the last day of the month in which that cancellation is made and shall be the last tax period of the said person, saving the allocation of a new tax period to that person should he be subsequently registered again under the said articles 10 or 12.

(6) The Commissioner may by means of a notice served on a person registered under articles 10 or 12 in any particular case vary any tax period for such person in such manner as may be specified in the said notice.

(7) Notwithstanding the other provisions of this article, the relevant provisions relating to the tax periods of a person registered under articles 11 and 11A to the extent provided in the Sixth Schedule shall apply to persons registered under those articles.