I move:
(1) That the following subsection shall, with effect as on and from the 12th day of May, 1965, be substituted for subsection (4) of section 47 of the Finance Act, 1963 (No. 23 of 1963):
"(4) Where goods are supplied or services are provided by a club or other body of persons in respect of a payment of money by any of its members, then, for the purposes of this Part of this Act,—
(a) in the case of supply of goods, the supply shall be treated as being a sale of the goods in the course of business, the money as being money received in respect of the sale and the club or other body of persons as being the seller, and
(b) in the case of provision of services, the provision shall be treated as being in the course of business."
(2) That the following subsection shall, with effect as on and from the 12th day of May, 1965, be inserted in section 48 of the Finance Act, 1963, after subsection (1):
"(1A) Where in any of the cases mentioned in subsection (1) of this section, the right to receive the whole or any part of the moneys payable in respect of the relevant activity is or becomes vested in a person other than the person specified in that subsection as the accountable person, the person in whom such right is or becomes vested shall be accountable for and liable to pay tax on such moneys as he may receive in respect of the activity."
(3) It is hereby declared that it is expedient in the public interest that this Resolution shall have statutory effect under the Provisional Collection of Taxes Act, 1927 (No. 7 of 1927).
