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The Child Trust Funds (Amendment) Regulations 2018

S.I. 2018/358 · Made 12 March 2018

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

Child Trust Funds

Made 12th March 2018

Laid before Parliament 13th March 2018

Coming into force 6th April 2018

The Treasury make these Regulations in exercise of the powers in sections 12(2) and 28(1) of the Child Trust Funds Act 2004f1.

Annotations to the whole text

Footnotes

f1

2004 c. 6.

Contents

  1. 1Citation and commencement
  2. 2Amendment of the Child Trust Funds Regulations 2004
  3. 3Amendment of the Child Trust Funds Regulations 2004
  4. Signature
  5. Explanatory note

1Citation and commencement

These Regulations may be cited as the Child Trust Funds (Amendment) Regulations 2018 and come into force on 6th April 2018.

2Amendment of the Child Trust Funds Regulations 2004

The Child Trust Funds Regulations 2004f1 are amended as follows.

3Amendment of the Child Trust Funds Regulations 2004

In regulation 9(2) and (3) (annual limit on subscriptions)f1 for “£4,128”, substitute “£4,260”.

Signature

Paul Maynard

David Rutley

Two of the Lords Commissioners of Her Majesty’s Treasury

12th March 2018

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 £4,128 to £4,260 (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.