Following discussions with HM Treasury and
other key stakeholders and final Ministerial sign off, we are now
able to announce the date the scheme will start processing
applications, and the fee that it will cost to apply to register
with the ISA.
The scheme will go live on 12 October
2009. We have deliberated over the date and consulted key
strategic partners to make sure that the date is not only feasible
from an operational point of view, but that it also gives users
enough time to fully prepare for the introduction of the
scheme.
We are also aware that certain sectors, have
registration ‘high points’ in the year and that we need our
implementation date to be reasonable not only for these sectors,
but also for the CRB which will be processing registrations to the
ISA scheme.
The new ‘go live’ stage will be the official
start date of the scheme, although preparatory work and advice and
guidance will have clearly been undertaken and completed by this
stage. After this date all new workers or those changing jobs (in
regulated activity) will be required to register with the ISA
Scheme.
Click here to read about the fee.
Click here to read the Home Office press notice (opens in
another window).
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