Amendment of regulation 12 (conditions for application to open an account that is not a junior ISA account)

13.  In regulation 12(3)-

(a) in paragraph (d), after “applicant” insert “,except for a subscription made in accordance with regulation 5D(2)(a)(i),(iia),(iv) or (v)”;

(b) in paragraph (e), after “applicant” insert “,except for a subscription made in accordance with regulation 5D(2)(a)(iia) or (iv),”; and

(c) in paragraph (f), after “or over, and” insert “ except in relation to a subscription made in accordance with regulation 5D into an account opened solely to receive such a subscription”.