PART 1Introductory and Eligibility
Interpretation2
1
In these Regulations—
a
the following expressions have the meanings given in the Saving Gateway Accounts Act 2009 (“the Act”)—
“approved account provider” (see section 4(1));
“the Commissioners” (see section 1(2));
a “death payment” (see section 4(2)(b));
“eligible person” (see section 3(1) as supplemented by regulations 3 and 4);
the “first month of the account’s operation” (see section 4(5)), and references to the sixth or any other month of the account’s operation, and cognate expressions, have corresponding meanings;
“maturity payment” (see section 4(2)(a));
“maturity period” (see section 4(2)(a));
“month” (see section 4(5)), except in the expression “the first month of the account’s operation;
“notice of eligibility” (see section 2);
the “qualifying balance” of a Saving Gateway account (see section 8(2));
“the relevant date” (see section 1(3));
“relevant person” (see section 17(2));
“Saving Gateway account” (see section 1(1));
“tax appeal” (see section 24(3));
- a
except where the context otherwise requires—
- a
“accepting deposits”, in regulation 14, has the meaning in section 22 of FISMA 2000, taken with Schedule 2 of that Act and any order made under section 22;
“account”, except in regulations 8, 10(2)(k), 20(1) and (2) and 21, means a Saving Gateway account;
“appointed day” means the day appointed under section 31 of the Act for the purposes of section 8 of the Act;
“credit union” means a society registered as a credit union under the Industrial and Provident Societies Act 19652, or the Credit Unions (Northern Ireland) Order 19853;
“EEA State” means a State, other than the United Kingdom, which is a Contracting Party to the EEA agreement;
“electronic communications” includes any communications by an electronic communications network (within the meaning in the Communications Act 20034);
“electronic signature” has the meaning given by section 7(2) of the Electronic Communications Act 20005;
“FISMA 2000” means the Financial Services and Markets Act 20006;
“full name” includes shortened details sufficient to identify the individual;
“ITA 2007” means the Income Tax Act 20077;
“ITTOIA 2005” means the Income Tax (Trading and Other Income) Act 20058;
“insolvency event” means the procedures listed in the definition of “insolvency event” in regulation 19(15) of the Payment Services Regulations 20099
“the Management Act” means the Taxes Management Act 197010;
“notice” means notice in writing; and “notify” shall be construed accordingly;
“reference number”, except in regulation 5(1), means an eligible person’s reference number as stated on his or her notice of eligibility;
“tax year” means a period beginning with 6th April in one year and ending with 5th April in the next, and “the tax year 2009-10” means the tax year beginning with 6th April 2009;
“UK institution” means an institution which is incorporated in, or formed under the law of any part of, the United Kingdom.
2
The table below indexes other definitions in these Regulations:
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