Regulation 13 Regulation 5DD

In regulation 5DD(b) (defaulted investment payment)^f1 —

(a)

at the end of paragraph (a) omit “or”,

(b)

after paragraph (b) insert—

“; or

(c)
described in regulation 7 or 8, held in a Lifetime ISA (whether or not the defaulted investment continues to be held in the account at the time of the payment).”.

Annotations

Footnotes

f1: Regulation 5DD was inserted by S.I. 2012/1871 and substituted by S.I. 2016/364.