This section applies if, in consequence of a change in circumstances, any information provided by a registered letting agent to the Scottish Ministers by virtue of section 30 or, as the case may be, this section, becomes inaccurate.

The registered letting agent must notify the Scottish Ministers in writing, as soon as practicable after the inaccuracy arises, of the change that has occurred.

The notice must be accompanied by a fee of such amount (if any) as the Scottish Ministers may determine.

It is an offence for a person to fail to comply with subsection (2) without reasonable excuse.

A person who commits an offence under subsection (4) is liable on summary conviction to a fine not exceeding level 3 on the standard scale.