# The Tax-exempt Special Savings Account Regulations 1990, Regulation 3: Introductory


These Regulations–
(a) prescribe a condition additional to those set out in section 326A of the Taxes Act which must be satisfied if an account is to be or remain a tax-exempt special savings account;
(b) make provision for the giving by the Board to societies and institutions of notices prohibiting them from operating new accounts, including provision about appeals against the giving of notices;
(c) require societies and institutions operating or proposing to operate accounts to give information and send documents to the Board and to make documents available for inspection;
(d) make provision as to the transfer of accounts from one society or institution to another;
(e) generally supplement the provisions of the principal sections.

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Source: https://www.legislation.gov.uk/uksi/1990/2361/regulation/3 (the official version)
Page: https://openlegislation.uk/tax-exempt-special-savings-account-regulations-1990/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.