# The Child Trust Funds Regulations 2004, Regulation 4: Descriptions of accounts


(1) An account may be of either of the following descriptions—
Stakeholder account
Where the account meets the characteristics and conditions in the Schedule to these Regulations.
Non-stakeholder account
Where any of those characteristics or conditions is not met.
(2) Accounts opened by the Inland Revenue (see regulation 6) must be stakeholder accounts.

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Source: https://www.legislation.gov.uk/uksi/2004/1450/regulation/4 (the official version)
Page: https://openlegislation.uk/child-trust-funds-regulations-2004/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.