Paragraph 1 InterpretationF1
In this Schedule—
F2“claim period” means—
- (a)
a period beginning with the 6th day of a month and ending with the 5th day of the following month, or
- (b)
such period as may be specified from time to time under paragraph 2(1);
- (a)
“government bonus” is an amount equal to 25% of the aggregate of qualifying additions made to a Lifetime ISA in a relevant period;
“qualifying addition” means a current year payment F3... which is made into a Lifetime ISA;
“relevant period” means the year 2017-2018 and any subsequent year;
“Schedule 1” means Schedule 1 to the Savings (Government Contributions) Act 2017;
”withdrawal charge” has the meaning given in paragraph 9(4) of Schedule 1.
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Annotations
Textual amendments
- F1
Schedule inserted (6.4.2017) by The Individual Savings Account (Amendment No. 2) Regulations 2017 (S.I. 2017/466), regs. 1, 31
- F2
Words in Sch. para. 1(1) substituted (6.4.2024) by The Individual Savings Account (Amendment) Regulations 2024 (S.I. 2024/350), regs. 1, 25(a)(i)(aa)
- F3
Words in Sch. para. 1(1) omitted (6.4.2024) by virtue of The Individual Savings Account (Amendment) Regulations 2024 (S.I. 2024/350), regs. 1, 25(a)(i)(bb)
- F4
Sch. para. 1(2) omitted (6.4.2024) by virtue of The Individual Savings Account (Amendment) Regulations 2024 (S.I. 2024/350), regs. 1, 25(a)(ii)
- F5
Sch. para. 1(3) omitted (6.4.2024) by virtue of The Individual Savings Account (Amendment) Regulations 2024 (S.I. 2024/350), regs. 1, 25(a)(ii)
- F6
Sch. para. 1(4) omitted (6.4.2024) by virtue of The Individual Savings Account (Amendment) Regulations 2024 (S.I. 2024/350), regs. 1, 25(a)(ii)