This document outlines the regulatory framework governing the establishment and operation of tax-exempt special savings accounts within the United Kingdom as of 1990. The text serves as a formal statutory instrument issued by the British government to define the legal parameters for financial institutions and individual account holders. It establishes the criteria for eligibility, contribution limits, and the specific tax advantages afforded to these savings vehicles under the prevailing fiscal policy.

Legal professionals and financial historians utilize this document as a primary source for understanding the regulatory environment of the early 1990s. It is considered a foundational text for those researching the evolution of British tax policy and personal savings incentives.