The Individual Savings Account (Amendment) Regulations 1998
Income tax
Tax
Income
Insurance
King's Printer of Acts of Parliament
2016-01-19
INCOME TAX
These Regulations, which come into force on 6th April 1999, amend the Individual Savings Account Regulations 1998 (S.I. 1998/1870) (“the principal Regulations”) and also make a small amendment to the Individual Savings Account (Insurance Companies) Regulations 1998 (S.I. 1998/1871). The principal effects of the amendments are to expand the descriptions of investments which are qualifying investments for components of Individual Savings Accounts, and to provide for the taxation of life insurance policies where there has been a breach of regulation 9(3)(b)(i) of the principal Regulations.
1998 No. 3174
INCOME TAX
The Individual Savings Account (Amendment) Regulations 1998
Made
Laid before the House of Commons
Coming into force
The Treasury, in exercise of the powers conferred on them by sections 333 and 333B of the Income and Corporation Taxes Act 19881, section 151 of the Taxation of Chargeable Gains Act 19922 and section 75 of the Finance Act 1998, hereby make the following Regulations: