Junior ISA definition

Junior ISA means a Junior Individuals Savings Account as described under the ISA Regulations.

Junior ISA means a Junior Individual Savings Account managed in accordance with the ISA Regulations.

Junior ISA means a scheme of investment that satisfies the conditions prescribed in and is operated in accordance with the ISA Regulations. For the purposes of this Plan, only a Stocks and Shares Junior ISA is available.

Examples of Junior ISA in a sentence

• This is a summary of the buying and selling process of The M&G Savings Plan, The M&G ISA and The M&G Junior ISA.

• A Junior ISA (JISA) is a type of ISA available to certain eligible children, instructions given in relation to the JISA must be given by a ‘registered contact’.

• The annual Junior ISA allowance for the 2017/18 tax year is £4,128 and can be invested in a Junior Cash ISA, a Junior Stocks & Shares ISA, or a combination of both, providing you don’t exceed the annual limit.Innovative Finance ISAs: a tax-efficient way of participating in peer-to-peer lending, using your savings without paying any personal tax on the income received.

• Please note that Shares held in The M&G Junior ISA may not be sold without the permission of HMRC.For lump sum investments, a contract note giving details of the Shares purchased and the price used will be issued by the end of the business day following the valuation point by reference to which the price is determined, together with, where appropriate, a notice of the applicant’s right to cancel.

• Also, 16 and 17-year-olds actually have two ISA allowances, as they’re able to open a Junior ISA (once they have transferred their Child Trust Fund [CTF] to their Junior ISA and closed the CTF), which for 2019/20 has a limit of £4,368, as well as an adult Cash ISA.

More Definitions of Junior ISA

Junior ISA means an ISA Account opened in accordance with our Agreement for an Eligible Child;

Junior ISA means a Stocks & Shares Junior Individual Savings Account as defined and governed by the ISA Regulations;

Junior ISA an ISA that meets the definition of “junior ISA” for the purposes of the ISA Regulations;

Junior ISA means a Junior Individual Savings Account managed in accordance with the Regulations. Only one stocks and shares Junior ISA can be opened for an Eligible Child at any time.

Junior ISA means a junior ISA account established in accordance with the ISA Regulations;

Junior ISA means a junior ISA account established in accordance with the ISA Regulations;“Junior ISA Application”, “Junior ISA Holder” and “Junior ISATerms”each have the meanings given to them in paragraph 8.4;“KIID”means a Key Investor Information Document;“Message Centre”means the facility for sending messages to you and receiving messages from you available to users of the Service;“Monthly Plan”has the meaning given to it in paragraph 8.5(1);“Nominee”means Orbis Access Nominees Limited or Orbis Access ISA Nominees Limited as applicable;“Orbis Access”means Orbis Access (UK) Limited;“Orbis Group”means the group of business entities that are managerially controlled by one or more members of the founding family of Orbis Investment Management Limited and/or one or more entities established by them from time to time;“Proceedings”has the meaning given to it in paragraph 48.2“Prospectus”means the most recent Prospectus of the Orbis OEIC available on the Website“Registered Contact”means the person authorised to give instructions in respect of the management of your Orbis Access Junior ISA to Orbis Access;“Registered Email Address”has the meaning given to it in paragraph 7.1;“Share”means a share in a Fund and “Shares” shall refer to Shares in one or more Funds;“Service”has the meaning given to it in paragraph 1.1.

Junior ISA means an ISA Account opened in accordance with our Client Terms and Conditions and these Terms for an Eligible Child;