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

Part 1 Scottish aggregates tax

Chapter 5 Penalties

48 Failure to provide security

(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.”.