← belizelaw.ai · Tax Information Exchange Agreement (Belize/Sweden) Order, Cap. 55s17
Duty to supplying information to the authorised representative
Tax Information Exchange Agreement (Belize/Sweden) Order, para. 4 · Revised Edition 2020
(1) Where the authorised representative is satisfied that a request for information from the competent authority of Sweden falls within the terms of the Agreement, he may under his hand require any bank, financial institution, reporting entity,
supervisory authority, IFS Practitioner, Trust Agent, Registered Agent of Foundations, Registrar of (local) Companies, Registrar of International Business Companies, Registrars of domestic and International Trusts, Registrar of Foundations, Registrar of Limited Liability Partnerships, Supervisor of (domestic) Insurance, Supervisor of International Insurance, taxing authority, public statutory corporations, public officers, or any 192 Income and Business Tax other person, who the authorised representative believes may have relevant information, to furnish such information or produce such document as may be required to comply with the request for information.
(2) Every person who is required by the authorised representative to provide information or produce documents pursuant to this Order shall provide the requisite information or documents as soon as possible but no later than thirty (30) days from the date of the request for information.
(3) Every person who refuses or fails to supply such information or documents to the authorised representative, or wilfully supplies false or misleading information, shall be guilty of an offence and shall be liable on summary conviction to a fine not exceeding five thousand dollars or to imprisonment for a term not exceeding two years, or to both such fine and term of imprisonment.
(4) No restrictions on the disclosure of information contained in any other law shall apply to a request for information pursuant to the Agreement and no suit for breach of confidentiality or other such action shall lie against any person who discloses information, produces documents or renders other assistance in compliance with a request for information under this Order.
Amended by: 128 of 2020
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