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The Child Trust Funds Regulations 2004

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Account provider ceasing to act (or ceasing to accept Revenue allocated accounts)

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19.—(1) A person shall give notice to the Board and to the registered contact of the account which he manages (or, if there is no registered contact, the named child) of his intention to cease to act as the account provider not less than 30 days before he so ceases so that his obligations to the Board under the account can be conveniently discharged at or about the time he ceases so to act, and the notice to the registered contact or the named child shall inform him of the right to transfer the account under regulation 21, and of his rights under regulation 20(3).

(2) A person shall also give notice to the Board of his intention to cease to accept further Revenue allocated accounts under regulation 6, not less than 30 days before he so ceases.

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