(1)This section applies if—
(a)in complying with an information notice, a person provides inaccurate information or produces a document that contains an inaccuracy, and
(b)condition A, B or C is met.
(2)Condition A is that the inaccuracy is careless or deliberate.
(3)An inaccuracy is careless if it is due to a failure by the person to take reasonable care.
(4)Condition B is that the person knows of the inaccuracy at the time the information is provided or the document produced but does not inform Revenue Scotland at that time.
(5)Condition C is that the person—
(a)discovers the inaccuracy some time later, and
(b)fails to take reasonable steps to inform Revenue Scotland.
(6)The person is liable to a penalty not exceeding £3,000.
(7)Where the information or document contains more than one inaccuracy, a penalty is payable for each inaccuracy.
Commencement Information
I1S. 197 in force at 1.4.2015 by S.S.I. 2015/110, art. 2(1)