The Revenue Authority had refused to produce the information on the grounds that it is obligated to safeguard the returns declaration and other taxpayer information in accordance with Section 23 of the Revenue Act.
But the High Court emphasised that Sections 111 and 112 of the Anti-Money Laundering and Countering the Financing of Terrorism Act, Cap 10:11 is clear as it supersedes Section 23 of the Revenue Act Cap. 79:04 and protects the Guyana Revenue Authority from liability where documents/information are produced to SOCU.
The court further ordered costs against the Guyana Revenue Authority in the sum of $75,000.
The Production Order was granted pursuant to Section 24 of the Anti-Money Laundering and Countering the Financing of Terrorism Act, Cap 10:11, seeking the production of documents in the possession of the Commissioner-General or a duly authorised officer/agent of the Guyana Revenue Authority.
