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(1) Where the employment of an employee ceases during a year of assessment, the employer shall record the following information on the relevant part of the Tax Reliefs Card of that employee:

(a) the amount of income derived by the employee from employment for the year of assessment to the date the employment ceases;

(b) the amount of tax withheld in accordance with section 114 of the Act and regulation 3, from payments made by the employer to the employee with respect to the employment during the year of assessment to the date of the employment ceases; and

(c) further information as the Commissioner-General may require.

(2) An employer required to record information on a Tax Reliefs Card under sub-regulation (1) shall record the information and return that card to the employee by the time the employment ceases.

(3) Sub-regulation (4) applies where an employee

(a) ceases employment during a year of assessment; and

(b) provides to a different employer during the year of assessment, the Tax Reliefs Card of that employee as adjusted under sub-regulation (1).

(4) A new employer shall, in calculating tax to be withheld under regulation 3 from qualifying cash payments to be made to the employee during the remainder of a year of assessment,

(a) add the income derived by the employee from the new employment for the year of assessment to the income notified on the Tax Reliefs Card of that employee by the previous employer as income derived by that employee from employment; and

(b) add tax considered to be withheld from qualifying cash payments to the employee by the new employer during the year of assessment to the amount of tax notified on the Tax Reliefs Card of that employee by the previous employer as income withheld from income derived by that employee from the previous employment.