(1) Subject to subsection (2), a notice of assessment in respect of every person chargeable with tax shall be made and issued to such person in such form as may be approved by the Comptroller.
(2) The Comptroller shall not be required to issue a notice of assessment to any person where—
(a) no liability to tax arises and no tax has to be repaid;
(b) liability to tax arises but the tax payable does not exceed $5,
unless the person makes a request for the issue of a notice of assessment.
(3) In this section, “notice of assessment” includes a notice in respect of an additional assessment and a reduced assessment.