The duty under section 2 of the Act does not apply to Help-to-Save accounts opened before 16thOctober 2018 unless the individual opening the account is an eligible person taking part in the trial.

For the purposes of this regulation “the trial” means a test of all the systems required to deliver Help-to-Save accounts, which will run from the date of the coming into force of these Regulations to 15th October 2018.