OpenLegislation

Regulation 9 Amendment of regulation 7

Original text. Later amendments are not shown.

In regulation 7 (qualifying investments for a stocks and shares component)f1—

(a)

in paragraph (2), after sub-paragraph (s) insert—

“(t)

subject to the conditions specified in paragraph (10A), money market funds.”;

(b)

after paragraph (10) insert—

“(10A)

The condition specified in this paragraph is that 100% of the value of the investments, other than cash, held under the stocks and shares component, must not be money market funds.”.

Annotations

Footnotes

f1

Regulation 7 was relevantly amended by S.I. 2001/3778, 2003/2747, 2004/996, 2007/2119, 2014/1450, 2024/1022 and 2026/248.