# The Child Trust Funds (Amendment No. 2) Regulations 2009, Note: Explanatory note


(This note is not part of the Regulations)
These Regulations amend the Child Trust Funds Regulations 2004 (S.I. 2004/1450). The effect of the amendment is to allow CTF providers an option in account opening, where it is not necessary (inter alia) for the CTF voucher to be handed over to the provider before an account is opened, but information taken from the voucher is supplied to the provider by the applicant by other means. It is understood that business systems of providers will vary, so it will still be possible for providers to obtain and scan the voucher, or to use the new procedure.
Regulation 1 provides for citation, commencement and effect and regulations 2 and 3 for the amendment to the 2004 Regulations.
A Regulatory Impact Assessment on the effect of this instrument is available at http://www.hmrc.gov.uk/ria/index.htm.

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Source: https://www.legislation.gov.uk/uksi/2009/694/note (the official version)
Page: https://openlegislation.uk/child-trust-funds-amendment-no-2-regulations-2009/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.