Amendment of the Individual Savings Account Regulations 19984
1
The Individual Savings Account Regulations 19988 are amended as follows.
2
In regulation 2 (interpretation), in paragraph (1)(a) in the definition of ‘eligible child’, omit “and ordinarily resident” from paragraph (b)(i).
3
In regulation 10 (qualifying individuals who may invest under an account that is not a junior ISA account), in paragraph (2)(d)(i) omit “and ordinarily resident”.
4
In regulation 12 (conditions for application to open an account that is not a junior ISA account), in paragraphs (3)(f) and (3)(f)(i), omit “and ordinarily resident”.
5
In regulation 12A (conditions for application to open an account that is a junior ISA account), in paragraph (7)(d)(i) omit “and ordinarily resident”.