# The Individual Savings Account (Amendment No. 2) Regulations 2011, Regulation 9: Amendments to the Individual Savings Account Regulations 1998


In regulation 4A (repair of certain incompatible accounts and excess subscriptions)—
(a) for the heading, substitute “Repair of certain incompatible account and excess subscriptions - accounts other than junior ISA accounts”;
(b) in paragraph (1)—
(i) in the parts of the paragraph headed “First Condition” and “Second Condition” for “regulation 4(1)(d) or (e)” substitute “regulation 4(1B)(a) or (b)”, and
(ii) in the part of the paragraph headed “Third Condition” for “regulation 4(2)(a)” substitute “regulation 4ZA(1)(b)”;
(c) in paragraph (2)(e) for “regulation 4(1)(a)” substitute “regulation 4(1A)(a)”;
(d) in paragraph (3)(b) for “regulation 4(1)(d) or (e), or 4(2)(a)” substitute “regulation 4(1B)(a) or (b), or 4ZA(1) or (2)”;
(e) in paragraph (4)(a)(ii) for “regulation 4(2) and (3)” substitute “regulation 4ZA(1) and (2)”; and
(f) after paragraph (5) insert—
“(6) For the purposes of this regulation, a subscription to an account that is a junior ISA account shall be disregarded.”.

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Source: https://www.legislation.gov.uk/uksi/2011/1780/regulation/9 (the official version)
Page: https://openlegislation.uk/individual-savings-account-amendment-no-2-regulations-2011/regulation-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

