(1)  Despite the provisions of another taxation law, the Commissioner, by written notice, may give approval for a special arrangement for the lodging of returns and payment of tax under the taxation law to –

(a) a specified taxpayer or taxpayers of a specified class; or

(b) a specified agent on behalf of a specified taxpayer or taxpayers of a specified class.

(2)  An approval may –

(a) provide an exemption or a partial exemption for the taxpayer or taxpayers from specified provisions of the taxation law to which it applies; and

(b) authorise the lodging of returns and payments of tax by electronic means.

(3)  An approval may be given on the initiative of the Commissioner or on application.

(4)  The Commissioner may vary or cancel an approval by written notice.