{
  "url": "https://openlegislation.uk/draft-individual-savings-account-amendment-no-2-regulations-2017/regulation-12",
  "json_url": "https://openlegislation.uk/draft-individual-savings-account-amendment-no-2-regulations-2017/regulation-12.json",
  "legislation": "ukdsi/2017/9780111154618",
  "legislation_title": "The Individual Savings Account (Amendment No. 2) Regulations 2017",
  "legislation_url": "https://openlegislation.uk/draft-individual-savings-account-amendment-no-2-regulations-2017",
  "path": "regulation/12",
  "kind": "regulation",
  "number": "12",
  "heading": "New regulation 5DAA",
  "text": "After regulation 5DA (defaulted cash account subscription) insert—\n“Defaulted Lifetime ISA subscription\n5DAA. A subscription is a defaulted Lifetime ISA subscription if—\n(a) it is made to a Lifetime ISA held by the account investor who held the Lifetime ISA in respect of which a defaulted investment payment has been made no more than 180 days before the subscription is made; and\n(b) it does not exceed the defaulted investment payment.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2017/9780111154618/regulation/12",
    "retrieved_at": "2026-10-30T15:06:48.715701+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}