# The Child Trust Funds Regulations 2004, Regulation 9: Annual limit on subscriptions

Extent: E+W+S+N.I.

(1) Any person (including the child) may make subscriptions to a child’s account, subject to paragraphs (2) and (3).
(2) Subscriptions to an account made during any subscription year, that is—
(a) the period beginning with the day on which the account is opened (or if opened before the appointed day, opened for the purpose of accepting subscriptions under regulation 5(2)(b)), and ending immediately before the child’s next birthday, and
(b) any succeeding period of twelve months,
shall not in aggregate exceed the sum of £9,000.
(3) Where the aggregate of subscriptions in any year falls short of £9,000 or is nil, there shall be no addition to the amount for any succeeding year.

---
Source: https://www.legislation.gov.uk/uksi/2004/1450/regulation/9 (the official version)
Page: https://openlegislation.uk/child-trust-funds-regulations-2004/regulation-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.