# The Individual Savings Account (Amendment) Regulations 2008, Regulation 6: Amendment of regulation 7 (qualifying investments for a stocks and shares component)


(1) Amend regulation 7 as follows.
(2) In paragraph (2), in each of sub-paragraphs (b)(iii) and (d), for “paragraphs (7) and” substitute “paragraph”.
(3) Omit paragraph (2)(e).
(4) In paragraph (2)(h)—
(a) in sub-paragraph (i) for “a savings-related share option scheme” substitute “an approved SAYE option scheme”;
(b) in sub-paragraph (iii) for “employee share ownership plan” substitute “SIP”.
(5) Omit paragraph (7).
(6) In paragraph (8)—
(a) in the words before sub-paragraph (a) for “trust, scheme or UCITS, or investments subject to the trusts of the scheme, as the case may be,” substitute “investment trust”;
(b) in the words after sub-paragraph (b) for the words from “trust,” to the end substitute “investment trust”.
(7) Omit paragraph (9).
(8) In paragraph (10)(a) for “a savings-related share option scheme” substitute “an approved SAYE option scheme”.
(9) In paragraph (14) omit “(e),” and for “, (g) or (ga)” substitute “or (g)”.

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Source: https://www.legislation.gov.uk/uksi/2008/704/regulation/6 (the official version)
Page: https://openlegislation.uk/individual-savings-account-amendment-regulations-2008/regulation-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.