Regulation 15 Amendment of the Individual Savings Account Regulations 1998

In regulation 8 (qualifying investments for a cash component)—

(a)

omit paragraphs (2)(g), (2)(k), (2)(l) and (2)(m);

(b)

in paragraph (2)(h), for “8(2)(a) to (g)”, substitute “8(2)(a) to (f)”; and

(c)

in paragraph (2)(o), for “.”, substitute “;”, and after, insert—

“(p)
a short-term money market fund which meets the conditions in COLL section 5.9.3.R^f1;

(q)
a money market fund which meets the conditions in COLL section 5.9.5R.”.

Annotations

Footnotes

f1: The Collective Investment Schemes (COLL) sourcebook can be read at https://www.handbook.fca.org.uk/handbook/COLL. Hard copies of the sourcebook may be obtained from the Financial Conduct Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS.