Section 161 Land and buildings transaction tax: 3 month penalty for failure to make returnI1

Scotland

(1)

P is liable to a penalty under this section if (and only if)—

(a)

P's failure continues after the end of the period of 3 months beginning with the penalty date,

F1(b)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F2(c)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(2)

The penalty under this section is £10 for each day that the failure continues during the period of 90 days beginning with the F3day after the end of the period mentioned in subsection (1)(a).

F4(3)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Annotations

Textual amendments

F1: S. 161(1)(b) repealed (11.3.2020) by The Revenue Scotland and Tax Powers Act 2014 Amendment Regulations 2020 (S.S.I. 2020/73), regs. 1(1), 2(a) (with reg. 1(2))
F2: S. 161(1)(c) repealed (11.3.2020) by The Revenue Scotland and Tax Powers Act 2014 Amendment Regulations 2020 (S.S.I. 2020/73), regs. 1(1), 2(a) (with reg. 1(2))
F3: Words in s. 161(2) substituted (11.3.2020) by The Revenue Scotland and Tax Powers Act 2014 Amendment Regulations 2020 (S.S.I. 2020/73), regs. 1(1), 2(b) (with reg. 1(2))
F4: S. 161(3) repealed (11.3.2020) by The Revenue Scotland and Tax Powers Act 2014 Amendment Regulations 2020 (S.S.I. 2020/73), regs. 1(1), 2(c) (with reg. 1(2))

Commencement

I1: S. 161 in force at 1.4.2015 by S.S.I. 2015/110, art. 2(1)