Regulation 9 Amendment of the Individual Savings Account Regulations 1998
In regulation 8(2)f1 (qualifying investments for a cash component)—
(a)
in sub-paragraph (a) after “Taxes Act” insert “(including for this purpose a credit union)”;
(b)
in sub-paragraph (g) omit “(b)” and “, securities”;
(c)
add at the end—
“(n)arrangements falling within section 47 of the Finance Act 2005f2 (alternative finance arrangements) under which the person referred to in that section as Y is a financial institution;
(o)arrangements falling within section 49 of that Act.”.