{
  "url": "https://openlegislation.uk/individual-savings-account-amendment-regulations-2026/note",
  "json_url": "https://openlegislation.uk/individual-savings-account-amendment-regulations-2026/note.json",
  "legislation": "uksi/2026/248",
  "legislation_title": "The Individual Savings Account (Amendment) Regulations 2026",
  "legislation_url": "https://openlegislation.uk/individual-savings-account-amendment-regulations-2026",
  "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 by:\nallowing long-term asset funds to be held in a stocks and shares account (regulation 2(3));\nremoving the provision that allows long-term asset funds to be held under an innovative finance account (regulation 2(6)(a));\nproviding that long-term asset funds which were held under an innovative finance account immediately before 6th April 2026 are to be treated as qualifying investments for a stocks and shares component held under a stocks and shares account (regulation 2(5)(b));\nproviding that UK cryptoasset exchange traded notes cannot be held under a stocks and shares account unless they were already held in a stocks and shares account immediately before 6th April 2026 (regulation 2(5));\nallowing UK cryptoasset exchange traded notes to be held under an innovative finance account (regulation 2(6)(b));\nmaking various consequential provision relating to long-term asset funds and UK cryptoasset exchange traded notes (regulation 2(3), (4) and (7)).\nA Tax Information and Impact Note covering this instrument will be published on the website at https://www.gov.uk/government/collections/tax-information-and-impact-notes-tiins.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2026/248/note",
    "retrieved_at": "2026-10-28T21:04:44.184975+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."
}