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The Child Trust Funds (Amendment) Regulations 2025

S.I. 2025/738 · Made 23 June 2025

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 23rd June 2025

Laid before Parliament 24th June 2025

Coming into force 15th July 2025

The Treasury make these Regulations in exercise of the powers conferred by section 3 of the Child Trust Funds Act 2004f1.

Annotations to the whole text

Footnotes

f1

2004 c. 6. Section 3 was amended by sections 60 to 62 of the Deregulation Act 2015 (c. 20).

Contents

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

1Citation and commencement

These Regulations may be cited as the Child Trust Funds (Amendment) Regulations 2025 and come into force on 15th July 2025.

2Amendment of the Child Trust Funds Regulations 2004

After paragraph (2C) of regulation 12 of the Child Trust Funds Regulations 2004f1 (qualifying investments for an account) insert—

“(2D)

Notwithstanding any provision of paragraph (1), investments which—

(a)

immediately before 1st October 2024 fell within paragraph (2)(i) by virtue of being units in, or shares of, a recognised UCITSf2, or

(b)

qualify under paragraph (2)(i) by virtue of being part of an umbrella scheme that immediately before 1st October 2024 fell within that paragraph by virtue of being units in, or shares of, a recognised UCITS,

are to be treated, until the end of 31st December 2026, as qualifying investments for an account.

(2E)

Paragraph (2A) ceases to have effect at the end of 31st December 2026.”.

Signature

Jeff Smith

Anna Turley

Two of the Lords Commissioners of His Majesty's Treasury

23rd June 2025

Explanatory note

(This note is not part of the Regulations)

These Regulations amend the Child Trust Funds Regulations 2004 (“the principal Regulations”).

Regulation 2 amends regulation 12 of the principal Regulations. It inserts a new paragraph (2D) in regulation 12 to provide that investments which immediately before 1st October 2024 were units in or shares of a recognised UCITS, or which were units in or shares of a recognised UCITS within an umbrella scheme immediately before 1st October 2024, are qualifying investments until 31st December 2026. New paragraph (2E) of regulation 12 provides that paragraph (2A) ceases to have effect at the end of 31st December 2026.

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.