14.5. The Minister may, within four years after the day on which the Minister becomes aware of the transfer of property, make an assessment or a reassessment in respect of a transferee in relation to an amount payable under section 14.4.
However, the Minister may at any time make such an assessment where
(a) the transferee has made a false representation of the facts through voluntary omission or has committed fraud; or
(b) the transferee has filed with the Minister a waiver in prescribed form.
Sections 25.2 and 25.3 apply, with the necessary modifications, to the assessment provided for in the second paragraph.
1989, c. 77, s. 108; 1995, c. 1, s. 362; 1995, c. 63, s. 279; 1997, c. 85, s. 361; 2002, c. 46, s. 11.