Amendment of the Child Trust Funds Regulations 2004
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Memorandwm Esboniadol
5. In regulation 12 (qualifying investments for an account)—
(a)in paragraph (2)(a) for the words “officially listed on a recognised stock exchange (see paragraph (3))” substitute “either officially listed on a recognised stock exchange or, in the European Economic Area, admitted to trading on a recognised stock exchange (see paragraph (3))”;
(b)in paragraph (3) before “if” insert “, or the condition as to admission to trading in paragraph (2)(a),”;
(c)in paragraph (3)(a) before “within” insert “or admitted to such trading” and before “, would be qualifying investments” insert “or trading”.