{
  "url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-coronavirus-regulations-2020/note",
  "json_url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-coronavirus-regulations-2020/note.json",
  "legislation": "uksi/2020/506",
  "legislation_title": "The Individual Savings Account (Amendment No. 3) (Coronavirus) Regulations 2020",
  "legislation_url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-coronavirus-regulations-2020",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations amend the Individual Savings Account Regulations 1998 (S.I. 1998/1870).\nThey provide for the withdrawal charge in respect of a Lifetime ISA for the period beginning on 6th March 2020 and ending on 5th April 2021 to be reduced from 25% to 20%.\nA Tax Information and Impact Note will be published on the HM Government website at https://www.gov.uk/government/collections/tax-information-and-impact-notes-tiins.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2020/506/note",
    "retrieved_at": "2026-10-28T22:30:23.988519+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}