Where payment of tax is suspended, the person liable for tax must provide the Authority with a bank guarantee equal to the tax due. The guarantee must remain valid throughout the suspension period. The bank guarantee may not be released before the tax due has been paid. The Regulation shall prescribe the rules and procedures for providing the bank guarantee and the cases in which the Chairman may grant an exemption from providing it.
Interpretation and application must be checked against the official Arabic text and the current version.