# The Child Trust Funds (Amendment) Regulations 2020, Regulation 5: Amendment of the Child Trust Funds Regulations 2004


In regulation 12 (qualifying investments for an account), insert after paragraph (2) —
“(2A) Notwithstanding any provision of paragraph (2), investments which—
(a) are held under an account on the coming into force of this paragraph; and
(b) immediately beforehand fell within paragraph (2)(i) by virtue of being units in, or shares of, a recognised UCITS,
are to be treated, for as long as they are so held, as qualifying investments for an account.”.

---
Source: https://www.legislation.gov.uk/uksi/2020/29/regulation/5 (the official version)
Page: https://openlegislation.uk/child-trust-funds-amendment-regulations-2020/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.