# The Child Trust Funds (Amendment No. 2) Regulations 2014, 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 Regulations”).
Regulation 3 amends regulations 9(2) and 9(3) of the Regulations to increase the overall annual subscription limit in respect of a child’s account from £3,840 to £4,000.
Regulation 4 provides for core capital deferred shares to be a qualifying investment for Child Trust Funds.
A Tax Information and Impact Note covering this instrument has been published on the HMRC website at: http://www.hmrc.gov.uk/thelibrary/tiins.htm.

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Source: https://www.legislation.gov.uk/uksi/2014/1453/note (the official version)
Page: https://openlegislation.uk/child-trust-funds-amendment-no-2-regulations-2014/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.