A question about a maturing ISA. Does it count towards this years allowance?

CHRIS---

Hi There and thanks for looking.
I have an ISA maturing in a few days with Close Brothers and I have the option of opening a new ISA with them. It has these two lines in the declaration that I need to agree to which I find unusual. d. in particular.

c. I have not subscribed/ made payments, and will not subscribe/make payments, more than the overall subscription/payment limit in total to a cash ISA, a stocks and shares ISA, an innovative finance ISA, and a lifetime ISA in the same tax year;

d. I have not subscribed and will not subscribe to another cash ISA in the same tax year that I subscribed to this cash ISA;

If I open this ISA and just transfer the funds across am I then unable to open another ISA and use this years allowance? I always thought that transferring the funds into another ISA didn't effect the current years allowance but this is saying differently.
Any help greatly appreciated.

Ayr_Rage

No.

Anything in previous tax year(s) is old money and as long as it stays under an ISA wrapper you can transfer it as you wish and contribute a further £20,000 of new money.

CHRIS---

Ayr_Rage said:

No.

Anything in previous tax year(s) is old money and as long as it stays under an ISA wrapper you can transfer it as you wish and contribute a further £20,000 of new money.

That's what I though but what are those two clauses saying?

slinger2

c and d don't in any way relate to your maturing ISA. They only relate to "new" money.