{
  "url": "https://openlegislation.uk/individual-savings-account-amendment-regulations-2024/regulation-25",
  "json_url": "https://openlegislation.uk/individual-savings-account-amendment-regulations-2024/regulation-25.json",
  "legislation": "uksi/2024/350",
  "legislation_title": "The Individual Savings Account (Amendment) Regulations 2024",
  "legislation_url": "https://openlegislation.uk/individual-savings-account-amendment-regulations-2024",
  "path": "regulation/25",
  "kind": "regulation",
  "number": "25",
  "heading": "Amendment of the Schedule",
  "text": "In the Schedule (Lifetime ISA further provision)—\n(a) in paragraph 1 (interpretation)—\n(i) in sub-paragraph (1)—\n(aa) for the definition of “claim period” substitute—\n““claim period” means—\n(a) a period beginning with the 6th day of a month and ending with the 5th day of the following month, or\n(b) such period as may be specified from time to time under paragraph 2(1);”;\n(bb) in the definition of “qualifying addition” omit “or a payment under regulation 10A(4)(c)”;\n(ii) omit sub-paragraphs (2), (3) and (4);\n(b) in paragraph 2 (government bonus claim) omit sub-paragraph (11);\n(c) in paragraph 7 (definitions for the purposes of paragraph 6), after the definition of “a legal interest in land” insert—\n““loan” does not include a loan made by a person who is connected to the account investor, and for this purpose “connected” has the meaning given by section 993 of ITA 2007;”;\n(d) in paragraph 13 (withdrawals: information returns) omit sub-paragraph (5).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "“ITA 2007” is defined as the Income Tax Act 2007 (c. 3) in regulation 2(1)(a) of the Principal Regulations."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2024/350/regulation/25",
    "retrieved_at": "2026-10-28T21:32:51.987011+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."
}