Section 60 — Power of substitution

(1) The relevant tax authority may, by notice in writing appoint any person to be the agent of a taxable person where—

(a) any tax has become due and payable and the taxable person has refused or failed to pay; or

(b) the agent appointed is in possession or is expected to be in possession of the money, funds or assets of the taxable person.

(2) The agent appointed under subsection (1) of this section, shall be required to pay any tax payable by the taxable person from any money, funds or asset of the person which may be held by the agent of the person.

(3) Where the agent referred to in subsection (2) of this section defaults, all such enforcement and recovery actions, including the power to distrain the money, funds or asset of the person shall apply as if the agent so appointed were originally liable.

(4) For the purpose of this section, the relevant tax authority may require any person to give information as to money, funds or other assets which may be held for, or due to any person.

(5) The provisions of this Act with respect to objections and appeals shall apply to any notice given under this section as if such notice were an assessment or demand notice.