ISA Bulletin 45 (PDF 44K) - HM Revenue & Customs

11.19b
Requires the manager to notify HMRC and the investors whose accounts are being
transferred before the transfer is made; and specifies the information to be contained
in the notice.
11.19c
Sets out the circumstances in which an investor may subscribe after the transfer
without having to complete a transfer application or a fresh application form.
PARAGRAPHS 11.19D (GROUP TRANSFERS)
This paragraph defines a group transfer and specifies the circumstances in which an
investor may subscribe after the transfer without having to complete a fresh
application form.
PARAGRAPH 12.15
The wording of the first bullet point has been brought into line with the wording at
paragraph 26.3.8.
PARAGRAPHS 12.32 – 12.33 (SELF TRANSFERS)
The first cash ISA is regarded as closed where all of the current year subscriptions
are withdrawn.
PARAGRAPH 20.3.1
The wording of the first and third bullet points has been brought into line with the
wording at paragraph 5.10.
PARAGRAPH 20.9.2
The wording of the fifth and sixth bullet points has been changed to make it clear that
they apply to stocks and shares Junior ISAs only.
PARAGRAPH 21.3.1
The wording of the first and third bullet points have been brought into line with the
wording at paragraph 5.10.
PARAGRAPH 24.4.1 (incomplete or incorrect application forms)
Additional guidance covering the following situations:
� a JISA is opened by a parent who later informs the manager that the child is
eligible for a CTF
� a JISA is opened by a parent who later informs the manager that they or the other
parent have opened a JISA elsewhere
� a JISA is opened and the manager is later informed that the registered contact
does not have parental responsibility for the child
PARAGRAPH 25.4.2
The wording of has brought into line with the wording at paragraph 5.10.
PARAGRAPH 25.4.7
The wording of has brought into line with the wording at paragraph 18.18.