This section has no associated Explanatory Notes
21SAn interest held by a financial institution as a result of the first transaction within the meaning of paragraph 2(a) or 7(a) is an exempt interest for the purposes of the tax.
Commencement Information
I1 Sch. 7 para. 21 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2