In the first instance the Lender Terms and Conditions are the standard Terms that each investor is bound by. If you should choose to open a Regular Account and not an ISA you will be bound by these Terms. If you open an IFISA you will automatically be provided with a Regular Account and be bound by these Terms.
The IFISA Terms and Conditions are to be used as a supplement to the Lender Terms and Conditions for Terms that are not unique to the ISA and not the Regular Account.
In the interests of transparency we have decided to separate them, rather than provide Terms and Conditions that cause confusion.