Amendment of regulation 17A
This section has no associated Explanatory Memorandum
22. In regulation 17A (account manager - withdrawal by Board of approval of junior ISA manager), in paragraph (2)—
(a)in sub-paragraph (a) for “manager”, in the first place it occurs, substitute “managed”;
(b)omit the “or” after sub-paragraph (a);
(c)after sub-paragraph (b) insert—
“; or
(c)that a person to whom they have given approval to act as an account manager has not, within a period of 18 months beginning with the day on which approval was given, acted as an account manager in respect of an account.”.