This section has no associated Explanatory Notes
14SThe first transaction is exempt from charge if the seller is—
(a)the person, or
(b)another financial institution by whom the interest was acquired under other arrangements of the kind mentioned in paragraph 2 or 7 entered into between it and the person.
Commencement Information
I1 Sch. 7 para. 14 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2