# The Individual Savings Account (Amendment No. 2) Regulations 2017, Regulation 13: Regulation 5DD


In regulation 5DD(b) (defaulted investment payment) —
(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).”.

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Source: https://www.legislation.gov.uk/ukdsi/2017/9780111154618/regulation/13 (the official version)
Page: https://openlegislation.uk/draft-individual-savings-account-amendment-no-2-regulations-2017/regulation-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.