Section 103, The Goods and Services Tax Act, 2009

(1) If a company fails to pay an amount required to bepaid by this Act, the persons who were directors of the company at the time the company was required to pay the amount are jointly and severally liable, together with the company, to pay that amount and any interest on the amount and penalties relating to it. (2) A director of a company is not liable for a failure under subsection (1) if the director exercised that degree of care, diligence and skill to prevent the failure which a reasonably prudent person would have exercised in comparable circumstances. (3) A director of a company may not be assessed for an amount under this section more than 3 years after the end of the tax period in which the import, supply or GST adjustment event to which the amount relates occurred or in the case where an assessment had been made, not more than 3 years after the date of the assessment. (4) A director who satisfies a claim under this section is entitled to a contribution from the other directors who were liable for the claim.