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The Individual Savings Account (Amendment No. 2) Regulations 2016
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- UK Statutory Instruments
- 2016 No. 364
- Regulation 6
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Amendment of the Individual Savings Account Regulations 1998
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6. In regulation 4A (repair of certain incompatible accounts and excess subscriptions - accounts other than junior ISA accounts)—
(a)in paragraph (1), in the paragraph under the heading “First Condition”—
(i)for “or (b)” substitute “, (b) or (ba)”;
(ii)for “and a single stocks and shares account” substitute “, a single stocks and shares account and a single innovative finance account”;
(b)in paragraph (1), in the paragraph under the heading “Second Condition”, for “or (b)” substitute “, (b) or (ba)”; and
(c)in paragraph (3)(b), for “or (b)” substitute “, (b) or (ba)”.
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