Collection of income tax on wagers

(1) Every person who pays any wagers, winnings or prize won by computer users shall, before paying any such wagers, winnings or prizes, deduct therefrom tax at the rate of fifteen per cent of such wagers, winnings or prize, and shall forthwith pay over to the Commissioner of Income Tax the amount of tax so deducted, and every such amount shall be a debt owing from him to the Government and shall be recoverable as such. 12 (2) Whoever fails or neglects to deduct the tax or to pay the same to the Commissioner of Income Tax as provided in subsection (1) of this section, without prejudice to any other remedy available to the Commissioner of Income Tax, commits an offence and shall be liable on summary conviction to a fine not exceeding ten thousand dollars or to imprisonment for a term not exceeding two years, or to both such fine and term of imprisonment.