# Land and Buildings Transaction Tax (Scotland) Act 2013, Paragraph 14


The 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.

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Source: https://www.legislation.gov.uk/asp/2013/11/schedule/7/paragraph/14 (the official version)
Page: https://openlegislation.uk/land-and-buildings-transaction-tax-scotland-act-2013/schedule-7/paragraph-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.