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The Individual Savings Account (Amendment No. 2) Regulations 2014
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- UK Statutory Instruments
- 2014 No. 1450
- Regulation 15
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Amendment of the Individual Savings Account Regulations 1998
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15. In regulation 8 (qualifying investments for a cash component)—
(a)omit paragraphs (2)(g), (2)(k), (2)(l) and (2)(m);
(b)in paragraph (2)(h), for “8(2)(a) to (g)”, substitute “8(2)(a) to (f)”; and
(c)in paragraph (2)(o), for “.”, substitute “;”, and after, insert—
“(p)a short-term money market fund which meets the conditions in COLL section 5.9.3.R(1);
(q)a money market fund which meets the conditions in COLL section 5.9.5R.”.
(1)
The Collective Investment Schemes (COLL) sourcebook can be read at https://www.handbook.fca.org.uk/handbook/COLL. Hard copies of the sourcebook may be obtained from the Financial Conduct Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS.
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