Amendment of regulation 21A (further requirements relating to transfers between cash accounts)

15.  In regulation 21A, at the end of paragraph (3)(b)(ii), insert—

“,disregarding a subscription made in accordance with regulation 5D (except for a replacement subscription), less, in the case of a flexible account, the amount of any cash withdrawn from it during that period and if the result is in the negative, the amount to be reported is nil”.