PART 2Applications to defer payment of tax
Notice of decision on an application8
1
Revenue Scotland must give notice to the person by whom the application was made of its decision whether to accept or refuse an application.
2
Where Revenue Scotland accept an application, the notice must set out the terms on which the application has been accepted and, in particular, must—
a
specify—
i
any tax payable in accordance with a land transaction return relating to the transaction in question;
ii
the nature of any relevant event; and
iii
the date of any relevant event (if known); and
b
state that tax is payable within 30 days after the occurrence of a relevant event and in accordance with these Regulations.
3
Where Revenue Scotland refuse an application, the notice must set out—
a
the grounds for the refusal; and
b
the total amount of tax payable in consequence of the refusal.