Revenue Scotland and Tax Powers Act 2014 Schedule 4 paragraph 3

Amendment to the Public Finance and Accountability (Scotland) Act 2000

Schedule 4 paragraph 3 amends the financial arrangements for the Keeper of the Registers of Scotland to exclude land and buildings transaction tax payments from the existing payment provisions.

• Amends section 9(1) of the Public Finance and Accountability (Scotland) Act 2000
• Relates to the financial arrangements for the Keeper of the Registers of Scotland
• Carves out payments of or in connection with land and buildings transaction tax from the general sums handled by the Keeper
• Reflects the transfer of responsibility for land and buildings transaction tax to Revenue Scotland rather than it being processed through the Keeper's existing financial framework