OpenLegislation

Paragraph 8 I1

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 arrangements of the kind mentioned in paragraph 7 entered into between it and the person.

Annotations

Commencement

I1

Sch. 7 para. 8 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2