Section 7: Section 110 of the Income Tax Act 2000 is amended by–

(a) inserting the following new subsections (5) and (6) immediately after subsection (4) as follows– " (5) Notwithstanding any law to the contrary– 4 5 of Section 2 of Act No. 8 2000. 100 of Act No. 8 2000. 106 of Act 110 of Act "recovery o f debt due (a) a person shall upon written request by the Commissioner-General provide information on the value of the amount owed to a defaulting taxpayer within twenty-four hours of making the request; (b) a bank and other financial institution shall upon written request by the Commissioner- General provide information on the value of deposit including the bank statement, investment and other holdings of a defaulting taxpayer within twenty-four hours of making the request. (6) A person who fails to comply with subsection (5) commits an offence and shall be liable to an administrative fine of Le 500,000,000 or upon conviction to a fine of Le1,000,000,000 or imprisonment not exceeding five years or to both the fine and imprisonment." (b) the original subsection (5) shall now read as "subsection 7"