Common use of Income Tax Clearance Clause in Contracts

Income Tax Clearance. 24.1. The Employee shall be fully responsible for the discharge of all personal income tax and other liabilities and shall, prior to the cessation of the employment with the Company, ensure that such liabilities are fully and completely discharged. 24.2. In the event of the cessation of the Employment, in accordance with the provisions of Section 68 of the Income Tax Act (Chapter 34), the Company will give written notice of the cessation of Employment to the comptroller of income tax (the “Comptroller”) and pending the issue of a directive by the Comptroller or the expiry of 30 days after the receipt by the Comptroller of aforesaid notice issued, payment of any sums as owing to the Employee will be withheld in in accordance with the provisions of that Section.

Income Tax Clearance. 24.1. 24.1 The Employee shall be fully responsible for the discharge of all personal income tax and other liabilities and shall, prior to the cessation of the employment with the Company, ensure that such liabilities are fully and completely discharged. 24.2. 24.2 In the event of the cessation of the Employment, in accordance with the provisions of Section 68 of the Income Tax Act (Chapter 34), the Company will give written notice of the cessation of Employment to the comptroller of income tax (the “Comptroller”) and pending the issue of a directive by the Comptroller or the expiry of 30 days after the receipt by the Comptroller of aforesaid notice issued, payment of any sums as owing to the Employee will be withheld in in accordance with the provisions of that Section.