Aggregates Tax and Devolved Taxes Administration (Scotland) Act 2024 (asp 14)

Prospective

Part 1 S Scottish aggregates tax

Chapter 5 S Penalties

48 Failure to provide security S

(1) The Revenue Scotland and Tax Powers Act 2014 is modified as follows.

(2) After section 216E (as inserted by section 47(2)) insert—

“216F Penalty 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.”.

Commencement Information

I1 S. 48 not in force at Royal Assent, see s. 64(2)