Amendment of the Individual Savings Account Regulations 199815

In regulation 8 (qualifying investments for a cash component)—

a

omit paragraphs (2)(g), (2)(k), (2)(l) and (2)(m);

b

in paragraph (2)(h), for “8(2)(a) to (g)”, substitute “8(2)(a) to (f)”; and

c

in paragraph (2)(o), for “.”, substitute “;”, and after, insert—

p

a short-term money market fund which meets the conditions in COLL section 5.9.3.R7;

q

a money market fund which meets the conditions in COLL section 5.9.5R.