# The Individual Savings Account (Amendment) Regulations 2024, Regulation 16: Amendment of regulation 8A


In regulation 8A (qualifying investments for an innovative finance component)—
(a) in paragraph (2) after sub-paragraph (ca) insert—
“(cb) investments that meet the condition in paragraph (5) and—
(i) are qualifying investments under regulation 7(2)(f), or
(ii) would be qualifying investments under regulation 7(2)(g), but for the condition in paragraph (6) being met in respect of them;”;
(b) after paragraph (4) insert—
“(5) The condition in this paragraph is that the investments are subject to a notice period that would prevent the condition in regulation 4(7) from being met in respect of them if they were held in a stocks and shares account.
(6) The condition in this paragraph is that the instrument constituting the scheme provides for it to operate limited redemption arrangements in accordance with Rule 6.2.16(7) of COLL.”.

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Source: https://www.legislation.gov.uk/uksi/2024/350/regulation/16 (the official version)
Page: https://openlegislation.uk/individual-savings-account-amendment-regulations-2024/regulation-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.