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The Child Trust Funds (Amendment) Regulations 2019
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Statutory Instruments
2019 No. 381
Child Trust Funds
The Child Trust Funds (Amendment) Regulations 2019
Made
26th February 2019
Laid before Parliament
28th February 2019
Coming into force
6th April 2019
The Treasury, in exercise of the power conferred by section 12(2) of the Child Trust Funds Act 2004(1), makes the following Regulations.
Citation and commencement
1. These Regulations may be cited as the Child Trust Funds (Amendment) Regulations 2019 and come into force on 6th April 2019.
Amendment of the Child Trust Funds Regulations 2004
2. The Child Trust Funds Regulations 2004(2) are amended as follows.
3. In regulation 9(2) and (3) (annual limit on subscriptions)(3) for “£4,260”, substitute “£4,368”.
Mike Freer
Craig Whittaker
Two of the Lords Commissioners of Her Majesty’s Treasury
26th February 2019
EXPLANATORY NOTE
(This note is not part of the Regulations)
These Regulations amend the Child Trust Funds Regulations 2004 (S.I. 2004/1450). They provide for the annual limit on subscriptions to be increased from £4,260 to £4,368 (regulation 3).
A Tax Information and Impact Note will be published on the HM Government website at https://www.gov.uk/government/collections/tax-information-and-impact-notes-tiins.
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