# The Personal Equity Plan (Amendment) Regulations 2003, Regulation 5: Citation, commencement and effect


In regulation 6(2)—
(a) in both sub-paragraphs (g) and (j) for the words from “scheme satisfies” to the end substitute “units or shares satisfy the condition specified in paragraph (13)”;
(b) in sub-paragraph (h) for the words from “UCITS satisfies” to the end substitute “units or shares satisfy the condition specified in paragraph (13);
(c) after sub-paragraph (j) insert—
“(ja) units in, or shares of, a Chapter 5 UCITS, in circumstances where the units or shares satisfy the condition specified in paragraph (13);”;
(d) insert at the end—
“(p) investments which—
(i) were held under the plan on 6th April 2004; and
(ii) immediately before that date, fell within sub-paragraphs (g), (h) or (j), or sub-paragraph (k) so far as the relevant investments (within the meaning in the definition of “depositary interest”) fell within any of those sub-paragraphs.”

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Source: https://www.legislation.gov.uk/uksi/2003/2748/regulation/5 (the official version)
Page: https://openlegislation.uk/personal-equity-plan-amendment-regulations-2003/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.