{
  "url": "https://openlegislation.uk/individual-savings-account-regulations-1998/regulation-5D",
  "json_url": "https://openlegislation.uk/individual-savings-account-regulations-1998/regulation-5D.json",
  "legislation": "uksi/1998/1870",
  "legislation_title": "The Individual Savings Account Regulations 1998",
  "legislation_url": "https://openlegislation.uk/individual-savings-account-regulations-1998",
  "path": "regulation/5D",
  "kind": "regulation",
  "number": "5D",
  "heading": "Subscriptions disregarded for the purposes of the subscription limits in regulations 4ZA(1) and 4ZB",
  "text": "(1) A subscription to an account made in accordance with this regulation must be disregarded for the purposes of the subscription limits in regulations 4ZA(1) (subscriptions to an account other than a junior ISA account) and 4ZB (subscriptions to a junior ISA account).\n(2) A subscription to an account held by an account investor is made in accordance with this regulation if—\n(a) the subscription is—\n(i) a defaulted cash account subscription;\n(ia) a defaulted Lifetime ISA subscription;\n(ib) a returned withdrawal from a Lifetime ISA following failure of a purchase to complete under paragraph 10(1) of the Schedule;\n(ii) a defaulted investment subscription; ...\n(iia) a replacement subscription;\n(iii) permitted in accordance with regulation 5DE; ...\n(iv) permitted in accordance with regulation 5DDA; or\n(v) permitted in accordance with regulation 5DDC; and\n(b) the account manager of the account to which the subscription is made is provided with the information specified in regulation 5DF as relevant to the subscription; and\n(c) in a case within sub-paragraph (a)(iv)—\n(i) the account manager of the account to which the subscription is made is provided with the declarations required by regulation 5DFA as relevant to the subscription;\n(ii) the notices specified in regulation 5DFB(1) and (3) are given, as relevant to the subscription; and\n(iii) the information and declarations required by regulation 5DFC(2) are\nprovided; and\n(d) in a case within paragraph (2)(a)(ib) the account manager of the Lifetime ISA to which the subscription is made is provided with the information specified in paragraph 9(3)(b) of the Schedule.\n(3) A subscription to an account held by an account investor is made in accordance with this regulation if it comprises a transfer provided for by regulation 20A of the Child Trust Funds Regulations 2004.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Regs. 5D-5DM inserted (8.8.2012) by The Individual Savings Account (Amendment) (No. 2) Regulations 2012 (S.I. 2012/1871), regs. 1, 11"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Word in reg. 5D(1) substituted (6.4.2017) by The Individual Savings Account (Amendment No. 2) Regulations 2017 (S.I. 2017/466), regs. 1, 10(a)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Reg. 5D(2)(a)(ia)(ib) inserted (6.4.2017) by The Individual Savings Account (Amendment No. 2) Regulations 2017 (S.I. 2017/466), regs. 1, 10(b)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Word in reg. 5D(2)(a)(ii) omitted (6.4.2015) by virtue of The Individual Savings Account (Amendment No. 2) Regulations 2015 (S.I. 2015/869), regs. 1, 6(a)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Reg. 5D(2)(a)(iia) inserted (with effect in accordance with reg. 1 of the amending S.I.) by The Individual Savings Account (Amendment) Regulations 2016 (S.I. 2016/16), regs. 1, 7(a)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Word in reg. 5D(2)(a)(iii) omitted (1.2.2016) by virtue of The Individual Savings Account (Amendment) Regulations 2016 (S.I. 2016/16), regs. 1, 7(b)"
    },
    {
      "type": "F",
      "label": "F7",
      "text": "Reg. 5D(2)(a)(iv) inserted (6.4.2015) by The Individual Savings Account (Amendment No. 2) Regulations 2015 (S.I. 2015/869), regs. 1, 6(c)"
    },
    {
      "type": "F",
      "label": "F8",
      "text": "Word in reg. 5D(2)(a)(iv) substituted (1.2.2016) by The Individual Savings Account (Amendment) Regulations 2016 (S.I. 2016/16), regs. 1, 7(c)"
    },
    {
      "type": "F",
      "label": "F9",
      "text": "Reg. 5D(2)(a)(v) inserted (1.2.2016) by The Individual Savings Account (Amendment) Regulations 2016 (S.I. 2016/16), regs. 1, 7(d)"
    },
    {
      "type": "F",
      "label": "F10",
      "text": "Punctuation in reg. 5D(2)(b) substituted (6.4.2015) by The Individual Savings Account (Amendment No. 2) Regulations 2015 (S.I. 2015/869), regs. 1, 6(d)"
    },
    {
      "type": "F",
      "label": "F11",
      "text": "Reg. 5D(2)(c) and preceding word inserted (6.4.2015) by The Individual Savings Account (Amendment No. 2) Regulations 2015 (S.I. 2015/869), regs. 1, 6(d)"
    },
    {
      "type": "F",
      "label": "F12",
      "text": "Reg. 5D(2)(d) and preceding word inserted (6.4.2017) by The Individual Savings Account (Amendment No. 2) Regulations 2017 (S.I. 2017/466), regs. 1, 10(c)"
    },
    {
      "type": "F",
      "label": "F13",
      "text": "Reg. 5D(3) inserted (6.4.2015) by The Individual Savings Account (Amendment No. 3) Regulations 2015 (S.I. 2015/941), regs. 1, 3"
    },
    {
      "type": "F",
      "label": "F14",
      "text": "Word in reg. 5D heading substituted (6.4.2017) by The Individual Savings Account (Amendment No. 2) Regulations 2017 (S.I. 2017/466), regs. 1, 10(a)"
    }
  ],
  "outstanding_effects": [
    {
      "type": "inserted",
      "affecting": "uksi/2026/1130",
      "affecting_title": "The Individual Savings Account (Amendment) (No. 3) Regulations 2026"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1998/1870/regulation/5D",
    "retrieved_at": "2026-10-29T11:24:14.041613+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."
}