{
  "url": "https://openlegislation.uk/individual-savings-account-amendment-regulations-2009/note",
  "json_url": "https://openlegislation.uk/individual-savings-account-amendment-regulations-2009/note.json",
  "legislation": "uksi/2009/1550",
  "legislation_title": "The Individual Savings Account (Amendment) Regulations 2009",
  "legislation_url": "https://openlegislation.uk/individual-savings-account-amendment-regulations-2009",
  "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”). The main effect of these Regulations is to increase the ISA subscription limits for individuals who will be aged 50 or over not later than 5th April 2010, to £10,200 (annual overall limit) of which up to £5,100 can be invested in a cash ISA, with effect from 6th October 2009. Those limits will apply to all ISA investors (except those between the ages of 16 and 18 who may only invest in cash ISAs) from 6th April 2010.\nRegulation 1 provides for citation, commencement and effect and regulation 2 for amendment of the principal Regulations.\nRegulations 3 to 6 make the amendments for individuals who will be aged 50 or over (regulations 3(a) and 6 continue to have effect after tax year 2009-10, regulations 3(b) to 5 only apply to that tax year).\nRegulations 7 to 9 bring in the same annual subscription limits from tax year 2010-11 onwards, for all ISA investors.\nA Regulatory Impact Assessment on the effect of this instrument is available at http://www.hmrc.gov.uk/ria/index.htm",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2009/1550/note",
    "retrieved_at": "2026-10-29T03:10:41.030864+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."
}