{
  "url": "https://openlegislation.uk/individual-savings-account-regulations-1998/schedule/paragraph-4",
  "json_url": "https://openlegislation.uk/individual-savings-account-regulations-1998/schedule/paragraph-4.json",
  "legislation": "uksi/1998/1870",
  "legislation_title": "The Individual Savings Account Regulations 1998",
  "legislation_url": "https://openlegislation.uk/individual-savings-account-regulations-1998",
  "path": "schedule/paragraph/4",
  "kind": "paragraph",
  "number": "4",
  "heading": "Specified age; terminal illness; transfer to another Lifetime ISA-no withdrawal charge",
  "text": "(1) For the purposes of paragraph 7(1)(a) of Schedule 1 (withdrawals not triggering a charge-specified age) the specified age is 60.\n(2) For the purposes of paragraph 7(5)(c) of Schedule 1 (withdrawals not triggering a charge-terminal illness) an account investor is to be considered as suffering from a terminal illness if the account manager of the account investor’s Lifetime ISA has received written evidence from a registered medical practitioner that the account investor is expected to live for less than one year.\n(3) For the purposes of paragraph 7(5)(d) of Schedule 1 (withdrawals not triggering a charge-transfer to another Lifetime ISA), a withdrawal by way of transfer from one Lifetime ISA of the account investor to another such account of the investor must be made in accordance with regulation 21.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Schedule inserted (6.4.2017) by The Individual Savings Account (Amendment No. 2) Regulations 2017 (S.I. 2017/466), regs. 1, 31"
    }
  ],
  "outstanding_effects": [
    {
      "type": "substituted",
      "affecting": "uksi/2026/1130",
      "affecting_title": "The Individual Savings Account (Amendment) (No. 3) Regulations 2026"
    },
    {
      "type": "inserted",
      "affecting": "uksi/2026/1130",
      "affecting_title": "The Individual Savings Account (Amendment) (No. 3) Regulations 2026"
    },
    {
      "type": "inserted",
      "affecting": "uksi/2026/1130",
      "affecting_title": "The Individual Savings Account (Amendment) (No. 3) Regulations 2026"
    },
    {
      "type": "inserted",
      "affecting": "uksi/2026/1130",
      "affecting_title": "The Individual Savings Account (Amendment) (No. 3) Regulations 2026"
    },
    {
      "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/schedule/paragraph/4",
    "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."
}