# The Individual Savings Account Regulations 1998, Regulation 11: Account investor ceasing to qualify

Extent: E+W+S+N.I.

Notwithstanding any other provision of these Regulations an account investor who, after subscribing or making a qualifying addition to an account, at any time ceases to fulfil the conditions of regulation 10(2)(d) or 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 or make a qualifying addition to such an account.

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Source: https://www.legislation.gov.uk/uksi/1998/1870/regulation/11 (the official version)
Page: https://openlegislation.uk/individual-savings-account-regulations-1998/regulation-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.