Amendment of the Individual Savings Account Regulations 1998
This section has no associated Explanatory Memorandum
8. In regulation 7 (qualifying investments for a stocks and shares component)—
(a)in paragraph (2)(d), after “shares in an investment trust,”, omit: “listed in the Official List of the Stock Exchange,”;
(b)in paragraph (3), from “An investment” to “admission to trading in paragraph (2)(a)” substitute: “An investment in shares fulfils the conditions as to official listing and admission to trading in paragraph (2)(a)”; and
(c)in paragraph (3)(a), omit “or trust”.