Section 152A: Erroneous refund

152A. Erroneous refund (1) Where any person has benefited through error from a refund, he shall be liable to pay to the Director-General the amount of income tax which has been erroneously refunded. (2) The Director-General may, by written notice, order the person under subsection (1) to pay, within 28 days of the date of the notice, the tax which has been erroneously refunded. (3) Where the person fails to pay the tax within the due date specified in the notice under subsection (2), he shall be liable to pay, in addition to the tax, interest at the rate of 0.5 per cent per month as from the date immediately following the due date until the date of payment. [S. 152A inserted by s. 17 (zf) of Act 17 of 2007 w.e.f. 22 August 2007; amended by s. 24 (zn) of Act 9 of 2015 w.e.f. 14 May 2015.]