Section 58
State sales tax
of State Sales Tax Ordinance, 1998
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Where after the passing of this Ordinance an effective resolution is passed or an order is made for the winding-up of a company which is a taxable person, the liquidator of the company shall give notice thereof to the Comptroller within fourteen days thereafter, and shall before disposing of any of the assets of the company set aside such sum out of the assets as appears to the
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Comptroller to be sufficient to provide for any State sales tax that is or will thereafter become payable in respect of the company.
(2)
A liquidator of any such company who fails to give notice to the Comptroller within the time specified in subsection (1) or fails to provide for payment of the State sales tax as required by that subsection shall be personally liable for any State sales tax that is or becomes payable as aforesaid.
(3)
Where two or more persons are appointed liquidators or are required by law to carry out the winding-up of any such company, the obligations and liabilities attaching to a liquidator under this section shall attach to all such persons jointly or severally, subject to a right of contribution between themselves as in cases of contract.