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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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10.  In regulation 12 (conditions for application to open an account that is not a junior ISA account)—

(a)for paragraph (12) substitute—

(12) An application may be made on an individual’s behalf —

(a)if the individual is resident in England and Wales—

(i)pursuant to an order under section 16(2)(a) of the Mental Capacity Act 2005; or

(ii)by a deputy appointed under section 16(2)(b) of that Act; or

(b)if the individual is resident in Scotland or Northern Ireland and is suffering from mental disorder, by a parent, guardian, spouse, civil partner, son or daughter of the individual.;

(b)in paragraph 13 after “has the meaning given by”, omit: “section 1(2) of the Mental Health Act 1983 or,”

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