PART 4Returns and payment
CHAPTER 3Registration of land transactions etc.
43Return to be made and tax paid before application for registration
1
The Keeper of the Registers of Scotland (“the Keeper”) may not accept an application for registration of a document effecting or evidencing a notifiable transaction unless—
a
a land transaction return has been made in relation to the transaction, and
b
any tax payable in respect of the transaction has been paid.
2
The Tax Authority must provide the Keeper with such information as the Keeper reasonably requires to comply with subsection (1).
3
In this section, “registration” means registration or recording in any register under the management and control of the Keeper.
4
For the purposes of subsection (1)(b), tax is treated as paid if arrangements satisfactory to the Tax Authority are made for the payment of the tax.
5
This section is subject to section 41 (application to defer payment of tax in case of contingent or uncertain consideration).