The Child Trust Funds (Amendment) Regulations 2020
These Regulations amend the Child Trust Funds Regulations 2004 (S.I. 2004/1450) (“Child Trust Funds Regulations”) to provide for, when no instructions are received from the holder of a child trust fund, an account provider to transfer all the investments under a child trust fund held by a person immediately before his or her 18th birthday to a protected account under section 7B of the Child Trust Funds Act 2004 (c. 6),
Lifecycle
Department
Made
13 Jan 2020
—
Comes into force
TBC
Enabling power
The Treasury make these Regulations in exercise of the powers conferred by sections 3(5), 7B, 15 and 28(2) and (3) of the Child Trust Funds Act 2004.
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