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11.—(1) This regulation applies where Revenue Scotland accepts an application.
(2) If the application relates to deferring the payment of tax that has already been paid, the amount already paid must be repaid together with any interest payable as from the date of payment.
(3) The buyer must make a return or further return (“the return”) to Revenue Scotland—
(a)within 30 days after the occurrence of a relevant event;
(b)if relevant—
(i)within the period of 30 days mentioned in regulation 5(2)(a);
(ii)subject to regulation 14, in accordance with the scheme of payment mentioned in regulation 5(2)(b); or
(iii)after the final payment has been made in accordance with that scheme, within 30 days after the buyer obtains new information the effect of which is that additional tax or less tax is payable in respect of the transaction than has already been paid.
(4) Payment of any tax or additional tax payable must be made at the same time as a return is made.
(5) If the effect of the return is that less tax is payable in respect of a transaction than has already been paid, the amount overpaid must on a claim by the buyer be repaid together with interest as from the date of payment.
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