- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
7. In regulation 6A(1)—
(a)in paragraph (1) for the words“in accordance with the condition in paragraph (2)(b)” there shall be substituted the words“with the proceeds of sale of those investments”;
(b)for paragraph (2)(b)(1) there shall be substituted—
“(b)that the total amount of the cash subscription to the plan forthe year ending 5th April 1991 which was invested in non-qualifyinginvestments on that date did not exceed £900;
(c)that the total amount of the cash subscription to the plan investedin authorised unit trusts, funds of funds and investment trusts in anyyear beginning after 5th April 1991 does not exceed one quarter of thesubscription limit.”
Inserted by S.I. 1990/678.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include: