2019 No. 381

Child Trust Funds

The Child Trust Funds (Amendment) Regulations 2019

Made

Laid before Parliament

Coming into force

The Treasury, in exercise of the power conferred by section 12(2) of the Child Trust Funds Act 20041, makes the following Regulations.

Citation and commencement1

These Regulations may be cited as the Child Trust Funds (Amendment) Regulations 2019 and come into force on 6th April 2019.

Amendment of the Child Trust Funds Regulations 2004

2

The Child Trust Funds Regulations 20042 are amended as follows.

3

In regulation 9(2) and (3) (annual limit on subscriptions)3 for “£4,260”, substitute “£4,368”.

Mike FreerCraig WhittakerTwo of the Lords Commissioners of Her Majesty’s Treasury
EXPLANATORY NOTE

(This note is not part of the Regulations)

These Regulations amend the Child Trust Funds Regulations 2004 (S.I. 2004/1450). They provide for the annual limit on subscriptions to be increased from £4,260 to £4,368 (regulation 3).

A Tax Information and Impact Note will be published on the HM Government website at https://www.gov.uk/government/collections/tax-information-and-impact-notes-tiins.