Regulation 12 Amendment of the Individual Savings Account Regulations 1998

in both sub-paragraphs (k)(i) and (l)(i), after “component” insert “or a personal equity plan”;

at the end add—

“(p)

in the case of a personal equity plan which is treated on and from 6^th April 2008 as a stocks and shares account^f2, investments which, immediately before that date, were qualifying investments for the plan under regulation 6(2)(m) of the Personal Equity Plan Regulations 1989^f3;”.