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The Child Trust Funds Act 2004 (Commencement No. 1) Order 2004

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Commencement of certain provisions of the Act

2.  The following provisions of the Act shall come into force on 1st January 2005 for the purposes mentioned in relation to each provision:

ProvisionPurposes
Section 1(3) of the ActAll purposes
Section 3(1) and (3) of the ActAll purposes (save that an account may only be a child trust fund from the appointed day)
Section 3(2), (4) to (9) and (12) of the Act

To allow accounts to be opened, and contracts with an account provider for their management to be signed, save that the account is only to be:

(a)

a child trust fund, or

(b)

subscribed to and operated,

from the appointed day.

Section 5(1) and (2) of the ActTo ensure an orderly introduction of accounts, by issuing some vouchers before the appointed day.
Section 5(3) to (5) of the Act

Where a voucher has been issued before the appointed day under section 5(1) of the Act, to allow accounts to be opened, save that the account is only to be:

(a)

a child trust fund, or

(b)

subscribed to and operated,

from that day.

Section 15(1), (2)(a) and (3) of the ActSo far as those provisions relate to the persons referred to in section 15(2)(a) of the Act
Section 17 of the ActAll purposes
Section 18 of the ActAll purposes
Section 20(1) (except paragraphs (b) and (c)), (2) to (6), (7) (except paragraph (c)), (8) and (9) of the ActAll purposes (except for the purposes of sections 6, 7, 9, 10 or 13 of the Act)
Section 21 of the ActFor the purposes of the provisions of section 20 of the Act which are commenced by this Order
Section 22(1) and (6) of the ActAll purposes
Section 23(1) to (3) of the ActFor the purposes of section 22(1) and (6) of the Act
Section 24(1) (except paragraph (c)), (2) and (3) of the ActFor the purposes of section 22(1) and (6) of the Act
Section 24(5) to (7) of the ActAll purposes

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