Amendment of the Individual Savings Account Regulations 1998

8.  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”.