# The Individual Savings Account (Amendment) (No. 2) Regulations 2012, Regulation 5: Amendments to the Individual Savings Account Regulations 1998


In regulation 2(1)(a) (interpretation)—
(a) after the definition of “child”, insert—
““child trust fund” has the meaning given by section 1 of the Child Trust Funds Act 2004;”;
(b) in paragraph (iv) of the definition of “company”, for “51 per cent.” substitute “51%”;
(c) after the definition of “credit union”, insert—
““CTA 2010” means the Corporation Tax Act 2010;”;
(d) for the definitions of “51 per cent. subsidiary” and “75 per cent. subsidiary”, substitute—
““51% subsidiary” and “75% subsidiary” have the same meanings as they do in section 1154 of CTA 2010;”;
(e) after the definition of “junior ISA account”, insert—
““Looked After Child” has the meaning given in regulation 2F (special provision in respect of Looked After Children);”.

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Source: https://www.legislation.gov.uk/uksi/2012/1871/regulation/5 (the official version)
Page: https://openlegislation.uk/individual-savings-account-amendment-no-2-regulations-2012/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.