Paragraph 3

(1)

Treasury regulations may—

(a)

provide that a bonus is payable only if a claim for it is made in accordance with Treasury regulations;

(b)

require a person who is or was the plan manager of a Lifetime ISA to make a claim for a bonus for qualifying additions made to the Lifetime ISA.

(2)

With regards to claims for bonuses, Treasury regulations may—

(a)

specify the periods within which claims are to be made;

(b)

specify the information to be included in claims;

(c)

specify the periods to which claims are to relate;

(d)

specify the form or manner in which claims are to be made;

(e)

make provision about the assessment of claims;

(f)

specify steps to be taken if a claim is rejected in whole or part;

(g)

confer rights to a review of a rejection of a claim;

(h)

make provision for or in connection with appeals against rejections of claims;

(i)

provide for amendment of a claim if errors are discovered in it.

(3)

Treasury regulations may authorise HMRC to specify any of the matters mentioned in sub-paragraph (2)(b) to (d).