Section 98
Appointment of receiver to be notified to Director General
Where a receiver of the property of any person who is liable for any sales tax due and payable is appointed, the receiver shall give notice of such appointment to the Director General within fourteen days thereafter, and shall before disposing of any of the assets of the person set aside such sum out of the assets as appears to the
Director General to be sufficient to provide for any sales tax that is or will thereafter become due and payable in respect of the taxable goods that have been sold, manufactured, purchased or acquired by the person before the appointment of the receiver, and shall pay such sales tax.
(2)
Any receiver appointed under subsection (1) who fails to give notice to the Director General within the time specified in subsection
(1)
or fails to provide for the payment of the sales tax as required under that subsection shall be personally liable for any sales tax that is or will become due and payable as aforesaid.
102 Laws of Malaysia ACT 806
(3)
Any receiver who fails to comply with subsection (1) commits an offence and shall, on conviction, be liable to a fine not exceeding ten thousand ringgit.
(4)
Where two or more persons are appointed as receivers, the obligations and liabilities attaching to a receiver under this section shall attach to all such persons jointly and severally, subject to a right of contribution between themselves as in cases of contract.