Article 142 - Collection and Recovery

(1) The Tax Rules may make provisions regarding the collection and recovery of tax payable under these Regulations.
(2) Any tax, charge, financial sanction or other amount payable by a QFC Entity under these Regulations or the Tax Rules is a debt due to the QFCA and ranks pari passu with any other amounts owed to the QFCA by that QFC Entity.
Amended (as from 18th June 2014)