Regulation 2 Interpretation

In these Regulations—

• “authorised account provider” (see paragraph 9(2)(c) of Schedule 2);

• “benefit entitlement condition” (see paragraphs 5,6 and 8(1)(a) of Schedule 2);

• “bonus” (see paragraph 1 of Schedule 2);

• “eligibility reference dates” (see paragraph 3(4) of Schedule 2);

• “eligible person” (see paragraph 4 of Schedule 2);

• “first benefit entitlement condition” (see paragraph 5 of Schedule 2);

• “Help-to-Save account” (see paragraph 3 of Schedule 2);

• “HMRC” (see section 5(1) of the Act);

• “maturity period” (see paragraph 3(6) of Schedule 2);

• “maximum monthly amount” (see paragraph 10(2) of Schedule 2);

• “second benefit entitlement condition” (see paragraph 6 of Schedule 2);

• “UK connection condition” (see paragraph 7 of Schedule 2); and

  1. (b)

     the following expressions have the following meanings—

• “account holder”, “applicant” and “agreed terms” have the meaning given in regulation 11;

• “Management Act” means the Taxes Management Act 1970^f1;

• “Schedule 2” means Schedule 2 to the Act;

• “tax year” means a period beginning with 6th April in one year and ending with 5th April in the next.