# The Individual Savings Account (Amendment) Regulations 2020, Regulation 3: Amendment of the Individual Savings Account Regulations 1998


In regulation 2(1) (interpretation)—
(a) in sub-paragraph (a) insert at the appropriate place—
““Child Trust Funds Regulations” means the Child Trust Funds Regulations 2004.”;
and
““CTF matured account” has the meaning given in regulation 5DZA;”;
and
(b) in sub-paragraph (b) for the definition of “recognised UCITS” substitute—
““recognised UCITS” means—
(a) a UCITS within the meaning given by section 236A of the Financial Services and Markets Act 2000 which is a recognised scheme for the purposes of Part 17 of that Act; or
(b) an undertaking established in Gibraltar which is a UCITS under the law of Gibraltar which implemented Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities;”.

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Source: https://www.legislation.gov.uk/uksi/2020/30/regulation/3 (the official version)
Page: https://openlegislation.uk/individual-savings-account-amendment-regulations-2020/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.