{
  "url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2005",
  "json_url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2005.json",
  "id": "uksi/2005/3350",
  "title": "The Individual Savings Account (Amendment No. 3) Regulations 2005",
  "short_title": "Individual Savings Account 2005",
  "long_title": "These Regulations amend the Individual Savings Account Regulations 1998 (S.I. 1998/1870). The principal effects of the amendments are (1) to provide that shares or units in non-UCITS retail schemes (a new type of collective investment scheme recognised by the Financial Services Authority) are qualifying investments for ISA stocks and shares components, provided that the shares or units can be redeemed at least twice monthly (2) to allow deposit accounts with Credit Unions to be qualifying investments for cash components (3) to clarify the wording of the “5% test” (which a number of investments must satisfy in order to qualify for stocks and shares components) and (4) to allow Alternative Financial Arrangements (provided for in the Finance Act 2005 and which include Shari'a contracts) to be qualifying investments for cash components.",
  "citation": "S.I. 2005/3350",
  "type": "uksi",
  "year": "2005",
  "number": "3350",
  "version": "current",
  "date": "2005-12-06",
  "revised": false,
  "valid_from": null,
  "extent": null,
  "unapplied_effects": 0,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2005/introduction",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/1",
      "kind": "regulation",
      "number": "1",
      "heading": "Citation and commencement",
      "url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2005/regulation-1",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/2",
      "kind": "regulation",
      "number": "2",
      "heading": "Amendment of the Individual Savings Account Regulations 1998",
      "url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2005/regulation-2",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/3",
      "kind": "regulation",
      "number": "3",
      "heading": "Amendment of the Individual Savings Account Regulations 1998",
      "url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2005/regulation-3",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/4",
      "kind": "regulation",
      "number": "4",
      "heading": "Amendment of the Individual Savings Account Regulations 1998",
      "url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2005/regulation-4",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/5",
      "kind": "regulation",
      "number": "5",
      "heading": "Amendment of the Individual Savings Account Regulations 1998",
      "url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2005/regulation-5",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/6",
      "kind": "regulation",
      "number": "6",
      "heading": "Amendment of the Individual Savings Account Regulations 1998",
      "url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2005/regulation-6",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/7",
      "kind": "regulation",
      "number": "7",
      "heading": "Amendment of the Individual Savings Account Regulations 1998",
      "url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2005/regulation-7",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/8",
      "kind": "regulation",
      "number": "8",
      "heading": "Amendment of the Individual Savings Account Regulations 1998",
      "url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2005/regulation-8",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/9",
      "kind": "regulation",
      "number": "9",
      "heading": "Amendment of the Individual Savings Account Regulations 1998",
      "url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2005/regulation-9",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/10",
      "kind": "regulation",
      "number": "10",
      "heading": "Amendment of the Individual Savings Account Regulations 1998",
      "url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2005/regulation-10",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/11",
      "kind": "regulation",
      "number": "11",
      "heading": "Amendment of the Individual Savings Account Regulations 1998",
      "url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2005/regulation-11",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "signature",
      "kind": "signature",
      "number": null,
      "heading": "Signature",
      "url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2005/signature",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "note",
      "kind": "note",
      "number": null,
      "heading": "Explanatory note",
      "url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2005/note",
      "extent": null,
      "status": null,
      "parent": null
    }
  ],
  "has_text": true,
  "pdfs": [
    {
      "title": "Printed copy",
      "main": true,
      "language": null,
      "date": "2008-12-09",
      "size": null,
      "url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2005/pdf/uksi_20053350_en.pdf",
      "source_url": "https://www.legislation.gov.uk/uksi/2005/3350/pdfs/uksi_20053350_en.pdf"
    },
    {
      "title": "Explanatory Memorandum",
      "main": false,
      "language": null,
      "date": "2008-12-08",
      "size": null,
      "url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2005/pdf/uksiem_20053350_en.pdf",
      "source_url": "https://www.legislation.gov.uk/uksi/2005/3350/pdfs/uksiem_20053350_en.pdf"
    }
  ],
  "outstanding_effects": [],
  "made_under": [
    {
      "id": "ukpga/2005/5",
      "title": "Income Tax (Trading and Other Income) Act 2005",
      "url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005",
      "provisions": [
        "section/694",
        "section/695",
        "section/696",
        "section/701"
      ]
    },
    {
      "id": "ukpga/1992/12",
      "title": "Taxation of Chargeable Gains Act 1992",
      "url": "https://openlegislation.uk/taxation-of-chargeable-gains-act-1992",
      "provisions": [
        "section/151"
      ]
    }
  ],
  "changes_made_to": 0,
  "changes_made_to_url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2005/changes.json",
  "changes_made_by": 17,
  "changes_made_by_url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2005/changes/by-it.json",
  "instruments_made_under": 0,
  "instruments_made_under_url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2005/instruments.json",
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2005/3350",
    "retrieved_at": "2026-10-29T04:41:28.518846+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."
}