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The Individual Savings Account (Amendment) Regulations 2024

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Amendment of regulation 4

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7.  In regulation 4 (general conditions for accounts and subscriptions to accounts)—

(a)in paragraph (1ZA)(a) omit “(ba) and”;

(b)in paragraph (1B) omit sub-paragraphs (a), (b) and (ba);

(c)in paragraph (6)(b) after “innovative finance component” insert “other than those within regulation 8A(2)(cb)”;

(d)in paragraph (7) after “but” insert “, except in the case of qualifying investments for an innovative finance component within regulation 8A(2)(cb),”;

(e)omit paragraphs (12) and (13).

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