{
  "url": "https://openlegislation.uk/individual-savings-account-amendment-no-4-regulations-2015/note",
  "json_url": "https://openlegislation.uk/individual-savings-account-amendment-no-4-regulations-2015/note.json",
  "legislation": "uksi/2015/1370",
  "legislation_title": "The Individual Savings Account (Amendment No. 4) Regulations 2015",
  "legislation_url": "https://openlegislation.uk/individual-savings-account-amendment-no-4-regulations-2015",
  "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 principal Regulations”).\nRegulations 3 and 4 amend provisions concerned with investments which are qualifying investments for the purposes of a stocks and shares ISA to provide that securities issued by registered societies and securities admitted to trading on a recognised stock exchange in the European Economic Area are qualifying investments for the purposes of a stocks and shares ISA. Regulation 4 removes the requirement at Regulation 7(2)(b)(iii) of the principal Regulations that not more than 50% in value of the investments in an investment trust can be securities which do not qualify as ISA investments.\nRegulation 5 requires an account manager to provide separate information to HMRC concerning securities listed on the official list of a recognised stock exchange and securities admitted to trading on a recognised stock exchange in the EEA.\nA Tax Information and Impact Note covering this instrument will be published on the website at https://www.gov.uk/government/collections/tax-information-and-impact-notes-tiins.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2015/1370/note",
    "retrieved_at": "2026-10-28T23:35:10.575754+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."
}