Regulation 2 Amendments to the National Savings Regulations 2015

The National Savings Regulations 2015^f1 are amended as follows:

In regulation 2 (interpretation) after the definition of “investment deposit” insert—

• ““junior ISA account” means an individual savings account which comes within the meaning of “junior ISA account” in regulation 2B of the 1998 Regulations^f2;”.

In regulation 59 (disapplication of certain regulations) after paragraph (2) insert—

“(3)

Regulations 25(2) and (3), to the extent that they are inconsistent with the 1998 Regulations, do not apply to junior ISA accounts.”.