# The Individual Savings Account (Amendment No. 4) Regulations 2015, Regulation 4: Amendment of the Individual Savings Account Regulations 1998


In regulation 7 (qualifying investment for stocks and shares component)—
(a) in paragraph (2)—
(i) at the end of sub-paragraph (b)(i) insert “and”;
(ii) at the end of sub-paragraph (b)(ii) for “and” substitute a full stop;
(iii) omit sub-paragraph (b)(iii);
(iv) in sub-paragraph (d) omit “, in circumstances where the trust satisfies the conditions specified in paragraph (8)”;
(v) omit paragraph (8).
(b) in paragraph (5) at the end of sub-paragraph (c) for the full stop substitute a semicolon and, after that sub-paragraph, insert—
“(d) that the shares in the company issuing the securities are admitted to trading on a recognised stock exchange in the European Economic Area;
(e) that the securities are so admitted to trading;
(f) that the company issuing the securities is a 75% subsidiary of a company whose shares are so admitted to trading.”

---
Source: https://www.legislation.gov.uk/uksi/2015/1370/regulation/4 (the official version)
Page: https://openlegislation.uk/individual-savings-account-amendment-no-4-regulations-2015/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

