{
  "url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1992/regulation-6",
  "json_url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1992/regulation-6.json",
  "legislation": "uksi/1992/623",
  "legislation_title": "The Personal Equity Plan (Amendment) Regulations 1992",
  "legislation_url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-1992",
  "path": "regulation/6",
  "kind": "regulation",
  "number": "6",
  "heading": "Amendments to the principal Regulations",
  "text": "(1) In regulation 6(2) for sub-paragraph (b) there shall be substituted—\n“(b) subject either to the condition specified in paragraph (3) or to the condition specified in paragraph (4)—\n(i) units in an authorised unit trust or a fund of funds, or\n(ii) shares in an investment trust;”.\n(2) In regulation 6(3)—\n(a) for the word “conditions” there shall be substituted the word “condition” and for the word “are” there shall be substituted the word “is”, and\n(b) sub-paragraph (a) and the word “and” following it shall be omitted.\n(3) For regulation 6(4) there shall be substituted—\n“(4) The condition specified in this paragraph is that—\n(a) the total amount of the cash subscription to the plan invested in authorised unit trusts, funds of funds and investment trusts, and\n(b) any sum payable on such an application as is referred to in regulation 4(2A)(a) for the allotment or allocation of shares in an investment trust,\ndo not together in any year exceed one quarter of the subscription limit.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Amended by S.I. 1990/678, 1991/733, 2774."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Added by S.I. 1990/678 and amended by S.I. 1991/733."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1992/623/regulation/6",
    "retrieved_at": "2026-10-29T14:26:03.614184+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."
}