This section has no associated Explanatory Notes
114(1)Section 602 does not apply if—U.K.
(a)the securities are UK shares or UK securities, and
(b)the agreement to sell them was entered into by the original owner before 1 May 1995.
(2)Section 602 does not apply if—
(a)the securities are overseas securities, and
(b)the agreement to sell them was entered into by the original owner before 6 November 1996.