{
  "url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1991",
  "json_url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1991.json",
  "id": "uksi/1991/733",
  "title": "The Personal Equity Plan (Amendment) Regulations 1991",
  "short_title": "Personal Equity Plan 1991",
  "long_title": "These Regulations, which come into force on 6th April 1991, furtheramend the Personal Equity Plan Regulations 1989 (“the principal Regulations”). The principal effects of the Regulations are to remove therequirement that cash held by a plan manager in an account with adeposit-taker or building society be held in circumstances where, in thecase of an account with a deposit-taker, the deposit-taker is liable toaccount for composite rate tax on interest payments or, in the case ofan account with a building society, the reduced rate amount payable bythe society includes an amount calculated by applying the reduced rateto interest payments; to authorise the holding of paired shares as planinvestments subject to the same restrictions as apply to unit trusts,funds of funds and investment trusts; to increase the amount that may beinvested in authorised unit trusts, funds of funds and investment trustswhich do not satisfy the requirements of regulation 6 of the principalRegulations to £1,500; and to remove the relaxation of thesubscription conditions in relation to rights issues.",
  "citation": "S.I. 1991/733",
  "type": "uksi",
  "year": "1991",
  "number": "733",
  "version": "current",
  "date": "1991-03-19",
  "revised": false,
  "valid_from": null,
  "extent": null,
  "unapplied_effects": 0,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1991/introduction",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/1",
      "kind": "regulation",
      "number": "1",
      "heading": "Citation and commencement",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1991/regulation-1",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/2",
      "kind": "regulation",
      "number": "2",
      "heading": "Interpretation",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1991/regulation-2",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/3",
      "kind": "regulation",
      "number": "3",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1991/regulation-3",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/4",
      "kind": "regulation",
      "number": "4",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1991/regulation-4",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/5",
      "kind": "regulation",
      "number": "5",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1991/regulation-5",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/6",
      "kind": "regulation",
      "number": "6",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1991/regulation-6",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/7",
      "kind": "regulation",
      "number": "7",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1991/regulation-7",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/8",
      "kind": "regulation",
      "number": "8",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1991/regulation-8",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/9",
      "kind": "regulation",
      "number": "9",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1991/regulation-9",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/10",
      "kind": "regulation",
      "number": "10",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1991/regulation-10",
      "extent": null,
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    },
    {
      "path": "regulation/11",
      "kind": "regulation",
      "number": "11",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1991/regulation-11",
      "extent": null,
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    },
    {
      "path": "regulation/12",
      "kind": "regulation",
      "number": "12",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1991/regulation-12",
      "extent": null,
      "status": null,
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    },
    {
      "path": "signature",
      "kind": "signature",
      "number": null,
      "heading": "Signature",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1991/signature",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "note",
      "kind": "note",
      "number": null,
      "heading": "Explanatory note",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1991/note",
      "extent": null,
      "status": null,
      "parent": null
    }
  ],
  "outstanding_effects": [],
  "made_under": [
    {
      "id": "ukpga/1988/1",
      "title": "Income and Corporation Taxes Act 1988",
      "url": "https://openlegislation.uk/income-and-corporation-taxes-act-1988",
      "provisions": []
    },
    {
      "id": "ukpga/1979/14",
      "title": "Capital Gains Tax Act 1979 (repealed 6.3.1992)",
      "url": "https://openlegislation.uk/capital-gains-tax-act-1979-repealed-631992",
      "provisions": []
    }
  ],
  "changes_made_to": 0,
  "changes_made_to_url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1991/changes.json",
  "changes_made_by": 17,
  "changes_made_by_url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1991/changes/by-it.json",
  "instruments_made_under": 0,
  "instruments_made_under_url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1991/instruments.json",
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1991/733",
    "retrieved_at": "2026-10-29T14:47:35.603577+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."
}