16. Indemnity for collection of debits tax from savings accounts,

Any licensed commercial bank or licensed specialised bank, which collects or remits debits tax from any savings account as provided for in section 6, during the period commencing on January 1, 2003 and the date of the coming into operation of this Act, shall be deemed to have acted with due authority and is hereby indemnified from any civil or criminal prosecution in respect of such collection.

Any licensed commercial bank or licensed specialised bank, which collects from any person debits tax in excess of the amount he was liable to pay in respect of debits from a savings acount maintained by him at any licensed commercial bank or licensed specialised bank. or which collects from any person debits tax on any such debits made from a savings account maintained by him ina bank as are exempt from debits tax by or under section 13. is hereby indemnified against civil or criminal prosecution in respect of such collection from and after the period commencing January |, 2003 and the date on which a refund of such amount ts made or the date on which such amount is remitted to the Commissioner-General, as the case may be.’.