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The Child Trust Funds (Amendment) Regulations 2015

Consolidated Text Cited authorities 3 Cited in Amendments 2 Related
Vincent
JurisdictionUK Non-devolved

2015No. 600

CHILD TRUST FUNDS

The Child Trust Funds (Amendment) Regulations 2015

9thMarch2015

10thMarch2015

6thApril2015

The Treasury, in exercise of the powers conferred by sections 12(2) and 28(1) of the Child Trust Funds Act 2004( 1), make the following Regulations:

Citation and commencement

1. These Regulations may be cited as the Child Trust Funds (Amendment) Regulations 2015 and come into force on 6th April 2015.

Amendment of the Child Trust Fund Regulations 2004

2. The Child Trust Funds Regulations 2004( 2) are amended as follows.

3. In regulation 9(2) and (3)(annual limit on subscriptions), for "£4,000", substitute "£4,080".

Mark Lancaster

David Evennett

Two of the Lords Commissioners of Her Majesty's Treasury

9th March 2015

EXPLANATORY NOTE

(This note is not part of the Regulations)

These Regulations amend the Child Trust Fund Regulations 2004 ( S.I. 2004/1450) to increase the annual subscription limit to £4,080.

A Tax Information and Impact Note has not been prepared for this instrument as it contains no substantive change to tax policy.

(1) 2004 c. 6.

(2) S.I. 2004/1450. The annual subscription limit was last amended by S.I. 2014/1453.

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