Statutory Instruments
Child Trust Funds
Made
9th March 2015
Laid before Parliament
10th March 2015
Coming into force
6th April 2015
The Treasury, in exercise of the powers conferred by sections 12(2) and 28(1) of the Child Trust Funds Act 2004(1), make the following Regulations:
1. These Regulations may be cited as the Child Trust Funds (Amendment) Regulations 2015 and come into force on 6th April 2015.
2. The Child Trust Funds Regulations 2004(2) are amended as follows.
3. In regulation 9(2) and (3)(annual limit on subscriptions), for “£4,000”, substitute “£4,080”.
Mark Lancaster
David Evennett
Two of the Lords Commissioners of Her Majesty’s Treasury
9th March 2015
(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.
S.I. 2004/1450. The annual subscription limit was last amended by S.I. 2014/1453.