← belizelaw.ai · Mutual Administrative Assistance In Tax, Cap. 103:03 · PART III — Automatic Exchange of Financial Account Information
Opportunity to discharge liability to conviction
Cap. 103:03, s. 19 · Revised Edition 2020
(1) The competent authority may give any person that it has reason to believe has failed to comply with a duty imposed by this Act or the Regulations, a notice in writing offering that person the opportunity to discharge any liability to conviction of that offence by payment of a fixed penalty specified for the offence in the Regulations.
(2) The fixed penalty referred to in sub-section (1) shall not be greater than the maximum penalty prescribed for that offence in this Act.
Amended by: 18 of 2017
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