Regulation 11 Account investor ceasing to qualify

Notwithstanding any other provision of these Regulations an account investor who, after subscribing F1or making a qualifying addition to an account, at any time ceases to fulfil the conditions of regulation 10(2)(d) F2or 10A(2)(f), as the case may be, may retain the benefits of the account (including the right to any relief or exemption due under the account) subsisting at that time but, so long as he fails to fulfil those conditions, shall not be entitled to subscribe further F3or make a qualifying addition to such an account.