{
  "url": "https://openlegislation.uk/child-trust-funds-amendment-no-2-regulations-2015/note",
  "json_url": "https://openlegislation.uk/child-trust-funds-amendment-no-2-regulations-2015/note.json",
  "legislation": "uksi/2015/876",
  "legislation_title": "The Child Trust Funds (Amendment No. 2) Regulations 2015",
  "legislation_url": "https://openlegislation.uk/child-trust-funds-amendment-no-2-regulations-2015",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations amend the Child Trust Funds Regulations 2004 (S.I. 2004/1450).\nThese Regulations make provision for the transfer of a child trust fund to a junior Individual Savings Account with the same or another provider (see regulation 6) and a number of minor supporting amendments. They also simplify the process for bulk transfers of accounts.\nRegulation 11 amends the age at which the “lifestyling” period for a stakeholder account must begin to the child’s 15th birthday (instead of the 13th birthday).\nA Tax Information and Impact Note covering this instrument was published on 31st October 2014 and is available at https://www.gov.uk/government/publications/child-trust-funds-and-junior-individual-savings-account-account-transfers-management-of-accounts-and-lifestyling-of-stakeholder-ctfs. It remains an accurate summary of the impacts that apply to this instrument.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "The “lifestyling” process is an investment strategy that aims to minimise the variation in capital value of the account."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2015/876/note",
    "retrieved_at": "2026-10-28T23:40:28.477793+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}