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The Child Trust Funds (Amendment) Regulations 2019

S.I. 2019/381 · Made 26 February 2019

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 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 2004f1, makes the following Regulations.

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 2019 and come into force on 6th April 2019.

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 “£4,260”, substitute “£4,368”.

Signature

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.