3. Liability to tax

The debits tax imposed under section 2 shall – ;

in the case of a debit from a current account maintained at a commercial bank, be paid by the person or persons in whose name or names that account is maintained ;

in the case of an amount realized by the encashment of a certificate of deposit, be paid by the holder of the certificate ; and

in the case of an amount realized by the encashment of a travellers cheque, be paid by the person presenting the travellers cheque for encashment.