2015 No. 600

Child Trust Funds

The Child Trust Funds (Amendment) Regulations 2015

Made

Laid before Parliament

Coming into force

The Treasury, in exercise of the powers conferred by sections 12(2) and 28(1) of the Child Trust Funds Act 20041, make the following Regulations:

Citation and commencement1

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 20042 are amended as follows.

3

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

Mark LancasterDavid EvennettTwo of the Lords Commissioners of Her Majesty’s Treasury
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.