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The Child Trust Funds (Amendment No. 2) Regulations 2010
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- UK Statutory Instruments
- 2010 No. 836
- Regulation 3
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Amendments to the Child Trust Funds Regulations 2004
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3. After regulation 7A (age 7 payments)(1) insert—
“Yearly disability payments
7B.—(1) A further contribution under section 10 of the Act is due for any eligible child who is entitled in any year to a disability living allowance, in accordance with paragraphs (2) to (4).
(2) Where it has been determined that the child is entitled to the care component of a disability living allowance at the highest weekly rate (see section 72(4)(a) of either the Social Security Contributions and Benefits Act 1992(2) or the Social Security Contributions and Benefits (Northern Ireland) Act 1992(3)), at any time in the year (whether it is paid or not), the contribution payable for the year shall be £200.
(3) In any other case where it has been determined that the child is entitled to a disability living allowance at any time in the year (whether it is paid or not), the contribution payable for the year shall be £100.
(4) This regulation shall apply until 5th April 2018.
(5) Her Majesty’s Revenue and Customs must inform the account provider holding the child’s account where an amount is payable to that account under this regulation.
(6) On receipt of each further contribution from Her Majesty’s Revenue and Customs, the account provider must credit the child’s account with the amount of the payment.”
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