Common use of Transferring Your ISA Clause in Contracts

Transferring Your ISA. 10.1 You may, at any time, instruct us to transfer your ISA to another person approved by HMRC to act as manager of an ISA. Current Tax Year subscriptions may only be transferred in whole. Previous Tax Year subscriptions may be transferred in whole or in part. 10.2 To instruct a transfer to another provider, you will need to contact the new ISA manager and complete a transfer authority. Once we have received this authority and instructions from the new ISA manager, we will sell your Units at the next available Valuation Point. We will then transfer the net proceeds to your new ISA manager within the time period specified by you, but subject to any reasonable business period we require for the practical implementation of your instructions (normally 3 Business Days). In any event, we will transfer the net proceeds within 30 days of receiving your instructions. 10.3 We may, in certain circumstances permitted by Law, for example if we decide to stop acting as an ISA manager, arrange a “bulk transfer” of our ISA customers, that is we may transfer the whole or part of your ISA to another ISA manager without your consent. We will only transfer your ISA to another ISA manager if we are satisfied that in doing so we are treating you fairly and in accordance with the Law. We will always write to you before we transfer your ISA and you will have the opportunity to object, but please note that the only other options available may be for us to close your ISA (please see section 11.2 (Our right to close your Account)) or for you to transfer your ISA to another ISA manager selected by you. 10.4 Where we arrange a “bulk transfer” of our ISA customers to another ISA Manager as noted in section 10.3 above, we may also transfer any cash that we hold in accordance with the Client Money Rules to that ISA Manager without your prior consent. On request, the new XXX Manager must return any balance of client money to you as soon as possible. Subject to the Client Money Rules, the sums transferred may be held by the new ISA Manager in accordance with the Client Money Rules, otherwise we will exercise all due skill, care and diligence to assess whether the new ISA Manager has adequate measures in place to protect your money. We will act at all times in accordance with the prevailing Client Money Rules. 10.5 You can transfer all or part of an existing Cash ISA and/or Stocks and Shares ISA from another ISA manager to us. Partial transfers during the prevailing Tax Year are not permitted by Law. 10.6 We will accept ISA transfers in the form of cash. Where cash is transferred, on receipt of your cash and written instructions, we will purchase the Units at the next Valuation Point of the Fund(s) specified by you. 10.7 If your previous ISA manager transfers any refunds of tax or income payments to us after the date of transfer, we will use the amount received to purchase Units in the Fund(s) in accordance with the original transfer or your subsequent instructions. Where you have invested in a number of Funds, the amount we receive will be divided between these Funds in proportion to your original transfer or your subsequent instructions.

Transferring Your ISA. 10.1 You may, at any time, instruct us to transfer your ISA to another person approved by HMRC to act as manager of an ISA. Current Tax Year subscriptions may only be transferred in whole. Previous Tax Year subscriptions may be transferred in whole or in part. 10.2 To instruct a transfer to another provider, you will need to contact the new ISA manager and complete a transfer authority. Once we have received this authority and instructions from the new ISA manager, we will sell your Units at the next available Valuation Point. We will then transfer the net proceeds to your new ISA manager within the time period specified by you, but subject to any reasonable business period we require for the practical implementation of your instructions (normally 3 Business Days). In any event, we will transfer the net proceeds within 30 days of receiving your instructions. 10.3 We may, in certain circumstances permitted by Law, for example if we decide to stop acting as an ISA manager, arrange a “bulk transfer” of our ISA customers, that is we may transfer the whole or part of your ISA to another ISA manager without your consent. We will only transfer your ISA to another ISA manager if we are satisfied that in doing so we are treating you fairly and in accordance with the Law. We will always write to you before we transfer your ISA and you will have the opportunity to object, but please note that the only other options available may be for us to close your ISA (please see section 11.2 (Our right to close your Account)) or for you to transfer your ISA to another ISA manager selected by you. 10.4 Where we arrange a “bulk transfer” of our ISA customers to another ISA Manager as noted in section 10.3 above, we may also transfer any cash that we hold in accordance with the Client Money Rules to that ISA Manager without your prior consent. On request, the new XXX ISA Manager must return any balance of client money to you as soon as possible. Subject to the Client Money Rules, the sums transferred may be held by the new ISA Manager in accordance with the Client Money Rules, otherwise we will exercise all due skill, care and diligence to assess whether the new ISA Manager has adequate measures in place to protect your money. We will act at all times in accordance with the prevailing Client Money Rules. 10.5 You can transfer all or part of an existing Cash ISA and/or Stocks and Shares ISA from another ISA manager to us. Partial transfers during the prevailing Tax Year are not permitted by Law. 10.6 We will accept ISA transfers in the form of cash. Where cash is transferred, on receipt of your cash and written instructions, we will purchase the Units at the next Valuation Point of the Fund(s) specified by you. 10.7 If your previous ISA manager transfers any refunds of tax or income payments to us after the date of transfer, we will use the amount received to purchase Units in the Fund(s) in accordance with the original transfer or your subsequent instructions. Where you have invested in a number of Funds, the amount we receive will be divided between these Funds in proportion to your original transfer or your subsequent instructions.

Transferring Your ISA. 10.1 11.1 You may, at any time, instruct us to transfer your ISA to another person approved by HMRC to act as manager of an ISA. Current Tax Year subscriptions may only be transferred in whole. Previous Tax Year subscriptions may be transferred in whole or in part. 10.2 11.2 To instruct a transfer to another provider, you will need to contact the new ISA manager and complete a transfer authority. Once we have received this authority and instructions from the new ISA manager, we will sell your Units at the next available Valuation Point. We will then transfer the net proceeds to your new ISA manager within the time period specified by you, but subject to any reasonable business period we require for the practical implementation of your instructions (normally 3 Business Days). In any event, we will transfer the net proceeds within 30 days of receiving your instructions. In the unlikely event that dealing in the Units has been suspended we may take up to 7 additional days after the suspension in dealing has ended to transfer your ISA. 10.3 11.3 We may, in certain circumstances permitted by LawXxx, for example if we decide to stop acting as an ISA manager, arrange a “bulk transfer” of our ISA customers, that is we may transfer the whole or part of your ISA to another ISA manager without your consent. We will only transfer your ISA to another ISA manager if we are satisfied that in doing Individual Savings Account (ISA) Staff & Pensioners 11 so we are treating you fairly and in accordance with the Law. We will always write to you before we transfer your ISA and you will have the opportunity to object, but please note that the only other options available may be for us to close your ISA (please see section 11.2 12.2 (Our right to close your AccountISA)) or for you to transfer your ISA to another ISA manager selected by you. 10.4 11.4 Where we arrange a “bulk transfer” of our ISA customers to another ISA Manager manager as noted in section 10.3 11.3 above, we may also transfer any cash that we hold in accordance with the Client Money Rules to that ISA Manager manager without your prior consent. On request, the new XXX Manager ISA manager must return any balance of client money to you as soon as possible. Subject to the Client Money Rules, the sums transferred may be held by the new ISA Manager manager in accordance with the Client Money Rules, otherwise we will exercise all due skill, care and diligence to assess whether the new ISA Manager manager has adequate measures in place to protect your money. We will act at all times in accordance with the prevailing Client Money Rules. 10.5 11.5 You can transfer all or part of an existing Cash ISA and/or Stocks and Shares ISA from another ISA manager to us. Partial transfers during the prevailing Tax Year are not permitted by Law. 10.6 11.6 We will accept ISA transfers in the form of cash. Where cash is transferred, on receipt of your cash and written instructions, we will purchase the Units at the next Valuation Point of the Fund(s) specified by you. We will also accept transfer of any Units that you hold or that are held on your behalf outside of your ISA. 10.7 11.7 If your previous ISA manager transfers any refunds of tax or income payments to us after the date of transfer, we will use the amount received to purchase Units in the Fund(s) in accordance with the original transfer or your subsequent instructions. Where you have invested in a number of Funds, the amount we receive will be divided between these Funds in proportion to your original transfer or your subsequent instructions.

Transferring Your ISA. 10.1 11.1 You may, at any time, instruct us to transfer your ISA to another person approved by HMRC to act as manager of an ISA. Current Tax Year subscriptions may only be transferred in whole. Previous Tax Year subscriptions may be transferred in whole or in part. 10.2 11.2 To instruct a transfer to another provider, you will need to contact the new ISA manager and complete a transfer authority. Once we have received this authority and instructions from the new ISA manager, we will sell your Units at the next available Valuation Point. We will then transfer the net proceeds to your new ISA manager within the time period specified by you, but subject to any reasonable business period we require for the practical implementation of your instructions (normally 3 three Business Days). In any event, we will transfer the net proceeds within 30 thirty days of receiving your instructions. 10.3 11.3 We may, in certain circumstances permitted by LawXxx, for example if we decide to stop acting as an ISA manager, arrange a “bulk transfer” of our ISA customers, that is we may transfer the whole or part of your ISA to another ISA manager without your consent. We will only transfer your ISA to another ISA manager if we are satisfied that in doing so we are treating you fairly and in accordance with the Law. We will always write to you before we transfer your ISA and you will have the opportunity to object, but please note that the only other options available may be for us to close your ISA (please see section 11.2 12.2 (Our right to close your ISA and/ or Account)) or for you to transfer your ISA to another ISA manager selected by you. 10.4 11.4 Where we arrange a “bulk transfer” of our ISA customers to another ISA Manager manager as noted in section 10.3 11.3 above, we may also transfer any cash that we hold in accordance with the Client Money Rules to that ISA Manager manager without your prior consent. On request, the new XXX Manager ISA manager must return any balance of client money to you as soon as possible. Subject to the Client Money Rules, the sums transferred may be held by the new ISA Manager manager in accordance with the Client Money Rules, otherwise we will exercise all due skill, care and diligence to assess whether the new ISA Manager manager has adequate measures in place to protect your money. We will act at all times in accordance with the prevailing Client Money Rules. 10.5 11.5 You can transfer all or part of an existing Cash ISA and/or Stocks and Shares ISA from another ISA manager to us. Partial transfers during the prevailing Tax Year are not permitted by Law. 10.6 11.6 We will accept ISA transfers in the form of cash. Where cash is transferred, on receipt of your cash and written instructions, we will purchase the Units at the next Valuation Point of the Fund(s) specified by you. We will also accept transfer of any Units that you hold or that are held on your behalf outside of your ISA. 10.7 11.7 If your previous ISA manager transfers any refunds of tax or income payments to us after the date of transfer, we will use the amount received to purchase Units in the Fund(s) in accordance with the original transfer or your subsequent instructions. Where you have invested in a number of Funds, the amount we receive will be divided between these Funds in proportion to your original transfer or your subsequent instructions.

Transferring Your ISA. 10.1 11.1 You may, at any time, instruct us to transfer your ISA to another person approved by HMRC to act as manager of an ISA. Current Tax Year subscriptions may only be transferred in whole. Previous Tax Year subscriptions may be transferred in whole or in part. 10.2 11.2 To instruct a transfer to another provider, you will need to contact the new ISA manager and complete a transfer authority. Once we have received this authority and instructions from the new ISA manager, we will sell your Units at the next available Valuation Point. We will then transfer the net proceeds to your new ISA manager within the time period specified by you, but subject to any reasonable business period we require for the practical implementation of your instructions (normally 3 three Business Days). In any event, we will transfer the net proceeds within 30 thirty days of receiving your instructions. 10.3 11.3 We may, in certain circumstances permitted by LawXxx, for example if we decide to stop acting as an ISA manager, arrange a “bulk transfer” of our ISA customers, that is we may transfer the whole or part of your ISA to another ISA manager without your consent. We will only transfer your ISA to another ISA manager if we are satisfied that in doing so we are treating you fairly and in accordance with the Law. We will always write to you before we transfer your ISA and you will have the opportunity to object, but please note that the only other options available may be for us to close your ISA (please see section 11.2 12.2 (Our right to close your ISA and/or Account)) or for you to transfer your ISA to another ISA manager selected by you. 10.4 11.4 Where we arrange a “bulk transfer” of our ISA customers to another ISA Manager manager as noted in section 10.3 11.3 above, we may also transfer any cash that we hold in accordance with the Client Money Rules to that ISA Manager manager without your prior consent. On request, the new XXX Manager ISA manager must return any balance of client money to you as soon as possible. Subject to the Client Money Rules, the sums transferred may be held by the new ISA Manager manager in accordance with the Client Money Rules, otherwise we will exercise all due skill, care and diligence to assess whether the new ISA Manager manager has adequate measures in place to protect your money. We will act at all times in accordance with the prevailing Client Money Rules. 10.5 11.5 You can transfer all or part of an existing Cash ISA and/or Stocks and Shares ISA from another ISA manager to us. Partial transfers during the prevailing Tax Year are not permitted by Law.Law.‌‌ 10.6 11.6 We will accept ISA transfers in the form of cash. Where cash is transferred, on receipt of your cash and written instructions, we will purchase the Units at the next Valuation Point of the Fund(s) specified by you. We will also accept transfer of any Units that you hold or that are held on your behalf outside of your ISA. 10.7 11.7 If your previous ISA manager transfers any refunds of tax or income payments to us after the date of transfer, we will use the amount received to purchase Units in the Fund(s) in accordance with the original transfer or your subsequent instructions. Where you have invested in a number of Funds, the amount we receive will be divided between these Funds in proportion to your original transfer or your subsequent instructions.