60.    Issuance of warrant

 

(1)     A judge or magistrate may issue the warrant referred to in section 59(1) if satisfied that there are reasonable grounds to believe that-

 

(a)     a person failed to comply with an obligation imposed under a tax Act, or committed a tax offence; and

 

(b)     relevant material likely to be found on the premises specified in the application may provide evidence of the failure to comply or commission of the offence.

 

(2)     A warrant issued under subsection (1) must contain the following:

 

(a)     the alleged failure to comply or offence that is the basis for the application;

 

(b)     the person alleged to have failed to comply or to have committed the offence;

 

(c)     the premises to be searched; and

 

(d)     the fact that relevant material as defined in section 1 is likely to be found on the premises.

 

(3)     The warrant must be exercised within 45 business days or such further period as a judge or magistrate deems appropriate on good cause shown.