# The Individual Savings Account (Amendment) Regulations 2007, Regulation 14: Amendment of the Individual Savings Account Regulations 1998


For regulation 10(2)(a) to (c) (qualifying individuals) substitute—
“(a) who, in the case of a cash account, is 16 years of age or over and, in the case of a stocks and shares account, is 18 years of age or over;
(b) who, in the case of a stocks and shares account, has not subscribed, and will not subscribe, to any other stocks and shares account, in the year in which the subscription is made;
(c) who, in the case of a cash account, has not subscribed, and will not subscribe, to any other cash account, in the year in which the subscription is made;
(ca) who has not exceeded the appropriate overall subscription limit in regulation 4(2), or the other subscription limit in regulation 4(3), in that year;”.

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Source: https://www.legislation.gov.uk/uksi/2007/2119/regulation/14 (the official version)
Page: https://openlegislation.uk/individual-savings-account-amendment-regulations-2007/regulation-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.