(1) Where any tax having become due and payable by any person under section 113 or 114 remains unpaid after the day on or before or by which it should have been paid such tax constitutes a privileged debt due to the Government carrying a privilege over all property whether movable or immovable, ranking immediately after law costs and in priority to all other privileged claims, charges or debts against such person.
(2) Such tax and any amount of penalty due under section 134 is considered to be a judgement debt due by that person and payable to the Comptroller and execution for the recovery thereof together with interest at the rate of 1% per month or part thereof and costs may be issued by the Comptroller under a certificate prepared by him or her containing particulars of—
(a) the date upon which the tax become due and payable;
(b) the amount of tax, penalty and interest.
(3) The Comptroller may register the certificate referred to in subsection (2) in the Land Registry or the Registry of Deeds and Mortgages as if it were a judgement; and upon satisfaction thereof he or she shall issue a further certificate certifying payment which upon registration by him or her shall have the effect of discharging the registered judgement.
(4) A fee shall not be charged for the registration of a certificate of debt or certificate of payment to which this section applies.