Section 59
Appointment of receiver to be notified to the Comptroller
of State Sales Tax Ordinance, 1998
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Where a receiver is appointed in respect of the property of a taxable person the receiver shall give notice thereof to the
Comptroller within fourteen days thereafter, and shall before disposing of any of the assets of the taxable person set aside such sum out of the assets as appears to the Comptroller to be sufficient to provide for any State sales tax that will thereafter become payable in respect of the goods that have been sold or manufactured by the taxable person before the appointment of the receiver.
(2)
A person appointed as receiver 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 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.
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