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Paragraph 17 Information to be given by account manager to account investorF1

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

If the account investor so requests in writing, an account manager who makes a payment to an account investor out of an account from which a withdrawal charge has been deducted must, within 30 days beginning with the day after the day of receipt of the request, furnish the account investor with a statement in writing showing—

(a)

the gross amount of the payment,

(b)

the amount deducted, and

(c)

the amount actually paid.

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