[F1Information required by regulation 5DU.K.

5DF.—(1) The information specified by this regulation is—

(a)in relation to a defaulted cash account subscription—

(i)the amount held in the defaulted cash account to which the subscription relates immediately before the default event occurred (including interest accrued but not paid at that time);

(ii)the current year’s subscription made to that account; and

(iii)the date on which the first subscription (if any) was made to that account, in the year in which the defaulted cash subscription is made;

(b)in relation to a defaulted investment subscription or a subscription permitted by regulation 5DE—

(i)evidence of the amount of the defaulted investment payment to which the subscription relates and the date it was paid;

(ii)details of the defaulted investment in respect of which the defaulted investment payment was made;

(iii)the full name and address (including postcode) of the account manager of the stocks and shares account in which the defaulted investment was held;

(iv)the full name and address (including postcode) of the maker of the defaulted investment payment.

(2) In this regulation—

“current year’s subscription” in relation to a defaulted cash account means—

(a)

subscriptions made to the account in the year in which the defaulted cash account subscription is made, but before the default event; and

(b)

subscriptions made to any other account held by the account investor in the year in which the defaulted cash account subscription is made and transferred to the account before the subscription is made.]

Textual Amendments