# The Individual Savings Account (Amendment No. 2) Regulations 2017, Regulation 3: Regulation 2


(1) Amend regulation 2 (interpretation) as follows.
(2) In paragraph (1)—
(a) in the definition of “account investment”—
(i) for “or an innovative finance component” substitute “, an innovative finance component or a Lifetime ISA component”, and
(ii) after “8” insert “, 8ZA”,
(b) after the definition of “CTA 2010” insert—
““current year payments” has the meaning given in regulation 10A(3);”,
(c) after the definition of “eligible child” insert—
““eligible conveyancer” has the meaning given in paragraph 7 of the Schedule;”,
(d) after the definition of “gilt-edged securities” insert—
““government bonus” has the meaning given in the Schedule;”,
(e) after the definition of “lender” insert—
““Lifetime ISA” has the meaning given in regulation 4(1ZB);”,
““Lifetime ISA payment limit” has the meaning given in regulation 4ZA(1A);”,
““Lifetime ISA qualifying individual” has the meaning given in regulation 10A;”, and
(f) after the definition of “plan shares” insert—
““qualifying addition” has the meaning given in the Schedule;”.
(3) In the Table in paragraph (2) after the entry for “Qualifying investments for a cash component” insert—
“
Qualifying investments for a Lifetime ISA component
8ZA
”

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Source: https://www.legislation.gov.uk/ukdsi/2017/9780111154618/regulation/3 (the official version)
Page: https://openlegislation.uk/draft-individual-savings-account-amendment-no-2-regulations-2017/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.