Amendment of the Individual Savings Account Regulations 19984
In regulation 2C (meaning of “registered contact” etc), paragraph (3)—
a
substitute from “This paragraph applies” to “section 1(2) of the Mental Health Act 19837;” with—
For the purposes of paragraph (2)(b)(ii) this paragraph applies in relation to the child—
a
if the child is resident in England and Wales and lacks capacity in relation to the management of the junior ISA account under section 2(1) of the Mental Capacity Act 20058;
b
in sub-paragraph (b), substitute for “in relation to a child resident in Scotland,” the words: “if the child is resident in Scotland, the child is suffering mental disorder within the meaning given by”; and
c
in sub-paragraph (c), substitute for “in relation to a child resident in Northern Ireland,” the words: “if the child is resident in Northern Ireland, the child is suffering mental disorder within the meaning given by”.