154.    Liability of representative taxpayer

 

(1)     A representative taxpayer is, as regards-

 

(a)     the income to which the representative taxpayer is entitled;

 

(b)     moneys to which the representative taxpayer is entitled or has the management or control;

 

(c)     transactions concluded by the representative taxpayer; and

 

(d)     anything else done by the representative taxpayer,

 

in such capacity-

 

(i)      subject to the duties, responsibilities and liabilities of the taxpayer represented;

 

(ii)     entitled to any abatement, deduction, exemption, right to set off a loss, and other items that could be claimed by the person represented; and

 

(iii)    liable for the amount of tax specified by a tax Act.

 

(2)     A representative taxpayer may be assessed in respect of any tax under subsection (1), but such assessment is regarded as made upon the representative taxpayer in such capacity only.