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The Individual Savings Account (Amendment) Regulations 2016
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- UK Statutory Instruments
- 2016 No. 16
- Regulation 7
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Amendment of regulation 5D (subscriptions disregarded for the purposes of the subscription limits in regulations 4ZA and 4ZB)
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7. In regulation 5D(2)-
(a)after paragraph (a)(ii), insert-
“(iia)a replacement subscription;”;
(b)at the end of paragraph (a)(iii) omit “or”;
(c)at the end of paragraph (a)(iv) substitute “or” for “and”; and
(d)after paragraph (a)(iv) insert-
“(v)permitted in accordance with regulation 5DDC; and”.
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