# The Child Trust Funds Regulations 2004, Regulation 23: “Repair” of invalid accounts


(1) Except in the case of a breach of regulation 8(1)(b) or (c) (where no repair of an account is possible), it is an overriding requirement to be satisfied in relation to an account that the account provider and registered contact, as the case may be, take any steps necessary to remedy any breach of these Regulations.
(2) Where a breach is remedied as mentioned in paragraph (1), the account shall, to the extent of that breach, be treated as having been a valid account at all times, except for determining whether there has been a breach of these Regulations for the purposes of section 20 of the Act (penalties).

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Source: https://www.legislation.gov.uk/uksi/2004/1450/regulation/23 (the official version)
Page: https://openlegislation.uk/child-trust-funds-regulations-2004/regulation-23
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.