# The Individual Savings Account Regulations 1998, Regulation 2E: Contracts entered into by or on behalf of a child who is 16 or over


Where, by virtue of the opening of an account pursuant to a junior ISA application described in regulation 12A, a contract is entered into by a child who is—
(a) aged 16 or over; and
(b) the child who—
(i) holds the account, or
(ii) has parental responsibility in relation to the child who holds the account,
the contract has effect as if the child who opened the account had been 18 or over when the contract was entered into.

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Source: https://www.legislation.gov.uk/uksi/1998/1870/regulation/2E (the official version)
Page: https://openlegislation.uk/individual-savings-account-regulations-1998/regulation-2E
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.