Regulation 6 Amendment of regulation 4ZA

In regulation 4ZA (subscriptions to an account other than a junior ISA account)^f1—

(a)

at the end of paragraph (1) insert “, subject to paragraph (1ZA)”;

(b)

after paragraph (1) insert—

“(1ZA)

In any year in which a qualifying individual is 64 or under at the end of that year, the subscription limit for the aggregate of the individual's subscriptions to cash accounts is £12,000.”

Annotations

Footnotes

f1: Regulation 4ZA was inserted by S.I. 2011/1780 and was relevantly amended by S.I. 2014/1450, 2017/466 and S.I. 2024/350.