{
  "url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2017/note",
  "json_url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2017/note.json",
  "legislation": "uksi/2017/1089",
  "legislation_title": "The Individual Savings Account (Amendment No. 3) Regulations 2017",
  "legislation_url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2017",
  "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) (“the ISA Regulations”) to allow the savings of a deceased person in an Individual Savings Account to continue to benefit from tax advantages during the administration of the estate (regulations 4 and 9). They provide, as a consequence of the change, for the additional permitted subscription available to spouses and civil partners to be the higher of the value of investments held in a deceased’s account on the deceased’s death and on the account ceasing to be a continuing account of a deceased investor (regulation 5). They also provide for consequential changes to provisions relating to information and reporting requirements (regulations 6 to 8).\nA Tax Information and Impact Note covering this instrument has been published on the HM Government website at: https://www.gov.uk/government/publications/income-tax-extending-individual-savings-account-tax-advantages-after-the-death-of-an-account-holder.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2017/1089/note",
    "retrieved_at": "2026-10-28T23:06:34.978701+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."
}