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The Individual Savings Account (Amendment) Regulations 2014

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Amendment of the Individual Savings Account Regulations 1998

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8.  In regulation 7 (qualifying investments for a stocks and shares component)—

(a)in paragraph (2)(d), after “shares in an investment trust,”, omit: “listed in the Official List of the Stock Exchange,”;

(b)in paragraph (3), from “An investment” to “admission to trading in paragraph (2)(a)” substitute: “An investment in shares fulfils the conditions as to official listing and admission to trading in paragraph (2)(a)”; and

(c)in paragraph (3)(a), omit “or trust”.

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