{
  "url": "https://openlegislation.uk/individual-savings-account-regulations-1998/regulation-5DJ",
  "json_url": "https://openlegislation.uk/individual-savings-account-regulations-1998/regulation-5DJ.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/5DJ",
  "kind": "regulation",
  "number": "5DJ",
  "heading": "Special application of regulations 5DB, 5DD, 5DF and 5DH in respect of a Lehman Brothers investment",
  "text": "In respect of a Lehman Brothers investment—\n(a) regulation 5D shall apply as if after paragraph (2) there is added—\n“(3) No defaulted investment subscription may be made in respect of a defaulted investment payment made or treated as made on 8th August 2012 other than a single defaulted investment payment treated as made by virtue of regulation 5DL(2).”;\n(b) regulation 5DB shall apply as if paragraph (b) provided that a defaulted investment subscription must not exceed the amount of the defaulted investment payment determined in accordance with regulation 5DL;\n(c) regulation 5DD is subject to regulation 5DL(2);\n(d) regulation 5DF(1)(b) shall apply as if the information specified by it is—\n(i) the information specified in paragraphs (i)-(iv) of that regulation;\n(ii) the value of the defaulted investment at the opening of trading on the London Stock Exchange on 15th September 2008;\n(iii) the date and amount of any earlier defaulted investment subscriptions in respect of the Lehman Brothers investment in question made before the making of the defaulted investment subscription;\n(iv) the name and address (including postcode) of the account manager to whom any subscription referred to in sub-paragraph (iii) of this paragraph was made;\n(e) regulation 5DH—\n(i) shall apply as if the period mentioned in that regulation were the period commencing on 16th September 2008 and ending on 7th August 2012;\n(ii) is subject to regulation 5DL(2).",
  "extent": null,
  "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"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1998/1870/regulation/5DJ",
    "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."
}