Common use of ISA and Non-ISA Clause in Contracts

ISA and Non-ISA. 7.1 Unless you indicate that you wish to invest in Income Units, you will be invested in Accumulation Units where both are available. If you choose to buy Income Units, any income arising from the Income Units will be paid either to your bank or building society account or to you by xxxxxx. On termination of your Account, any income accruing will be paid to you as soon as practicable after receipt by us.

ISA and Non-ISA. 7.1 Unless you indicate that you wish to invest in Income Units, you will be invested in Accumulation Units where both are available. If you choose to buy Income Units, any income arising from the Income Units will be paid either to your bank or building society account or to you by xxxxxxcheque. On termination of your Account, any income accruing will be paid to you as soon as practicable after receipt by us.