(1)Regulations may —
(a)make provision requiring an account provider to send statements of account to the holder of a Saving Gateway account;
(b)specify the form and content of a statement;
(c)specify how often a statement is to be sent.
(2)Section 234A of the Income and Corporation Taxes Act 1988 (c. 1) (duty to provide statement of distribution) does not apply to an account provider in relation to a Saving Gateway account.