The Individual Savings Account (Amendment No. 2) Regulations 2016
1Citation and commencement
2Amendment of the Individual Savings Account Regulations 1998
3In regulation 2(1)(a) (interpretation)— (a) in the definition of “account...
4In regulation 2D (regulations that do not apply to junior...
5In regulation 4 (general conditions for accounts and subscriptions to...
6In regulation 4A (repair of certain incompatible accounts and excess...
7In regulation 5DD (defaulted investment payment), for the text of...
8In regulation 5DDA (additional permitted subscription to an account other...
9In regulation 5DDB (flexible account)— (a) in paragraph (1), after...
10In regulation 5DF(1)(b)(iii) (information required by regulation 5D), after “stocks...
11In regulation 6 (general investment rules)— (a) in paragraph (1),...
12After regulation 8 (qualifying investments for a cash component), insert—...
13In regulation 10(2) (qualifying individuals who may invest under an...
14In regulation 12(3) (conditions for application to open an account...
15In regulation 14 (account manager qualifications and Board’s approval)—
16In regulation 21 (transfers relating to accounts other than junior...
17In regulation 31 (returns of information by account manager)—
18Amendment of the Individual Savings Account (Amendment) Regulations 2016
19Regulation 1.—(1) is to be renumbered as 1.
20In regulation 9(a), for “sub paragraphs” substitute “sub-paragraphs”.
21In regulation 16 — (a) in paragraph (1), for “paragraph”,...
2016 No. 364
Income Tax
Capital Gains Tax

The Individual Savings Account (Amendment No. 2) Regulations 2016

Made
Laid before the House of Commons
Coming into force
The Treasury make these Regulations exercising the powers in sections 694 to 699 and 701 of the Income Tax (Trading and Other Income) Act 20051 and section 151 of the Taxation of Chargeable Gains Act 19922.