1129.57. Where a university foundation is required to pay tax under this Part for a taxation year, it shall, within 60 days after the end of the year,(a) send to the Minister, without notice or demand therefor, a return under this Part for the year in prescribed form;
(b) estimate, in the return, the amount of its tax payable under this Part for the year; and
(c) pay to the Minister the amount of its tax payable under this Part for the year.