The Individual Savings Account (Amendment) Regulations 2014

Amendment of the Individual Savings Account Regulations 1998

This section has no associated Explanatory Memorandum

9.  In regulation 8 (qualifying investments for a cash component)—

(a)for paragraph (2)(a)(iii), substitute—

(iii)a bank, other than of a type at paragraph (a), (d) or (e) of section 991(2) of the ITA 2007,; and

(b)omit paragraph (2)(a)(iv) and the preceding “or”.