Amendment of the Individual Savings Account Regulations 19988

In regulation 4A (repair of certain incompatible account and excess subscriptions—accounts other than junior ISA accounts)—

a

in paragraph (1), under the “Third Condition”, for “4ZA(1)(b)”, substitute “4ZA(1)”;

b

in paragraph (3)(b), omit “or (2)”; and

c

in paragraph (4)—

i

in sub-paragraph (a), before paragraph (i), for “limits”, substitute “limit”; and

ii

in sub-paragraph (a)(ii), for “limits” substitute “limit”, and omit “and (2), as the case may be”.