PART 8Penalties

F1Chapter 5APenalties relating solely to Scottish aggregates tax

F2216FPenalty for failure to provide security: Scottish aggregates tax

(1)

This section applies to a person who fails to comply with a requirement by Revenue Scotland under section 36 or 37 of the AT(S) Act 2024 to provide security for the payment of Scottish aggregates tax.

(2)

The person is liable to a penalty of £20,000.