C1PART 7Investigatory powers of Revenue Scotland
C1CHAPTER 1Investigatory powers: introductory
Interpretation
I1C1122C1Meaning of “statutory records”
1
For the purposes of this Part information or a document forms part of a person's statutory records if it is information or a document which the person is required to keep and preserve by or under this Act, subject to subsections (2) and (3).
2
To the extent that any information or document that is required to be kept and preserved by or under this Act—
a
does not relate to the carrying on of a business, and
b
is not also required to be kept or preserved by or under any other enactment relating to devolved tax,
it forms part of a person's statutory records only to the extent that any accounting period or periods to which it relates has or have ended.
3
Information and documents cease to form part of a person's statutory records when the period for which they are required to be preserved by or under this Act has expired.
Pt. 7 applied (1.4.2015) by The Land and Buildings Transaction Tax (Administration) (Scotland) Regulations 2014 (S.S.I. 2014/375), regs. 1, 6