(1) Every person who is required by this Act to pay a tax shall keep records and books of account in Saint Lucia in such form and containing such information to the satisfaction of the Comptroller as will enable the tax payable under this Act or the tax that should have been deducted or withheld to be calculated.
(2) Where a person has failed to keep proper records and books of account for the purposes of this Act, the Comptroller may require him or her to keep such records and books of accounts as he or she may specify and such person shall thereafter keep records and books of account as so required.
(3) Every person required by this section to keep records and books of account shall retain every such record or book of account and every other document necessary to verify the information in any such record or book of account until the Comptroller is satisfied that the information contained in the record or book of account as aforesaid is no longer required for the purposes of this Act and until a certificate to that effect shall be produced accordingly.
(4) Where, under this Act, any return is required to be furnished by any person within a specified period, the Comptroller may, by notice in writing served on such person, extend the period within which such return is to be furnished.
(Inserted by Act 19 of 1999)