The Child Trust Funds Regulations 2004 No. 1450

PART 2 U.K. Other requirements to be satisfied in relation to accounts

Permitted withdrawals from an account U.K.

18.  Withdrawals from an account before the date on which the named child attains the age of 18 years may only be made—

(a) by the account provider, to settle any management charges and other incidental expenses, which are due by or under the management agreement, or

[F1 (ab) in accordance with regulation 18A, or]

(b) where the account provider is satisfied that the named child has died under that age.

Textual Amendments

F1 Reg. 18(ab) inserted (6.4.2005) by The Child Trust Funds (Amendment) Regulations 2004 (S.I. 2004/2676), regs. 1, 11