# The Personal Equity Plan (Amendment) Regulations 1987, Regulation 7: Amendments to the Principal Regulations


In Regulation 29 after paragraph (1) there shall be inserted—
“(1A) where under the terms of a plan a plan manager has discretion to purchase or sell investments he shall give to the plan investor once in every period of 6 months a statement in writing of his reasons for—
(a) making a purchase or sale within, and
(b) retaining any investment throughout,
the period.”.

---
Source: https://www.legislation.gov.uk/uksi/1987/2128/regulation/7 (the official version)
Page: https://openlegislation.uk/personal-equity-plan-amendment-regulations-1987/regulation-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.