Interest where relief is withdrawn3

1

The Revenue Scotland and Tax Powers Act (Interest on Unpaid Tax and Interest Rates in General) Regulations 20152 are amended as follows.

2

In regulation 3—

a

the word “or” at the end of paragraph (f) is revoked,

b

at the end of paragraph (g), for “and” substitute “or”,

c

after paragraph (g) insert—

h

in relation to the withdrawal of relief under schedule 16D of the LBTT(S) Act 2013, an event mentioned in paragraph 8(1) of that schedule; and

3

In regulation 4, in the Column headed ‘Relevant date’ corresponding with Land and buildings transaction tax—

a

the word “or” at the end of paragraph (vi) is revoked,

b

at the end of paragraph (vii), insert—

, or

viii

Part 4 of schedule 16D (green freeports relief) of the LBTT(S) Act 2013,