12 penalty as remains unpaid by the company or nominee during the period beginning on the date the default has ceased and ending on the date the penalty is paid in full, and such interest shall be recoverable by the Commissioner by action in any court of competent jurisdiction: Provided that in special circumstances the Commissioner may extend the time for payment of the penalty without charging interest.". 17 Amendment of Sixteenth Schedule to Cap. 23:06 With effect from the 1st January, 2006, the Sixteenth Schedule ("Non-Residents’ Tax on Interest") to the Income Tax Act [Chapter 23:06] is amended in paragraph 6 ("Penalty for nonpayment of tax") by the insertion of the following subparagraph after subparagraph (2)— "(3) If a defaulting payer or agent referred to in subparagraph (1)(b) does not pay the penalty in full on the date on which the default has ceased, interest, calculated at a rate to be fixed by the Minister by statutory instrument, shall be payable on so much of the penalty as remains unpaid by the payer or agent during the period beginning on the date the default has ceased and ending on the date the penalty is paid in full, and such interest shall be recoverable by the Commissioner by action in any court of competent jurisdiction: Provided that in special circumstances the Commissioner may extend the time for payment of the penalty without charging interest.". 18 Amendment of Seventeenth Schedule to Cap. 23:06 With effect from the 1st January, 2006, the Seventeenth Schedule ("Non-Residents’ Tax on Fees") to the Income Tax Act [Chapter 23:06] is amended in paragraph 6 ("Penalty for nonpayment of the tax") by the insertion of the following subparagraph after subparagraph (2)— "(3) If a defaulting payer or agent referred to in subparagraph (1) does not pay the penalty in full on the date on which the default has ceased, interest, calculated at a rate to be fixed by the Minister by statutory instrument, shall be payable on so much of the penalty as remains unpaid by the payer or agent during the period beginning on the date the default has ceased and ending on the date the penalty is paid in full, and such interest shall be recoverable by the Commissioner by action in any court of competent jurisdiction: Provided that in special circumstances the Commissioner may extend the time for payment of the penalty without charging interest.". 19 Amendment of Eighteenth Schedule to Cap. 23:06 With effect from the 1st January, 2006, the Eighteenth Schedule ("Non-Residents’ Tax on Remittances") to the Income Tax Act [Chapter 23:06] is amended in paragraph 4 ("Penalty for non-payment of tax") by the insertion of the following subparagraph after subparagraph (2)— "(3) If a defaulting non-resident person referred to in subparagraph (1) does not pay the penalty in full on the date on which the default has ceased, interest, calculated at a rate to be fixed by the Minister by statutory instrument, shall be payable on so much of the penalty as remains unpaid by the non-resident person during the period beginning on the date the default has ceased and ending on the date the penalty is paid in full, and such interest shall be recoverable by the Commissioner by action in any court of competent jurisdiction: Provided that in special circumstances the Commissioner may extend the time for payment of the penalty without charging interest.".