PART 2Other requirements to be satisfied in relation to accounts
Permitted withdrawals from an account18.
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.