Section 32

The Real Property Gains Tax Act 1976, which is referred to as the “principal Act” in this Chapter, is amended in section 14

by inserting after subsection (5) the following subsection:

“(5a)  Notwithstanding subsection (5), the Director General may, in his discretion for any good cause shown, remit the whole or any part of the sum referred to in that subsection and, where the sum remitted has been paid, the Director General shall repay the same.”.