The Child Trust Funds (Amendment No. 3) Regulations 2011

• Citation: S.I. 2011/2447
• Sections: 6

Section 1 Citation, commencement and effect

(1) These Regulations may be cited as the Child Trust Funds (Amendment No. 3) Regulations 2011 and shall come into force on 1 November 2011.

(2) Regulations 3 and 4 shall only have effect in relation to vouchers issued on or after 1 January 2012.

Section 2 Amendments to the Child Trust Funds Regulations 2004

The Child Trust Funds Regulations 2004 are amended as follows.

Section 3 Vouchers

In regulation 3 —

(a) in paragraph (1)(d) for “expiry date” substitute “short expiry date”;

(b) after paragraph (3) insert—

(4) But for references in these Regulations to the short expiry date of the voucher paragraph (3) applies with “60 days” instead of “12 months”.

Section 4 Opening of account by responsible person of the child

In regulation 5, in each place where it occurs in Condition 1 in paragraph (1) and in paragraph (1A), for “expiry date” substitute “short expiry date”.

Section 5 Annual limit on subscriptions

In regulation 9, in each place in which it occurs, for “£1,200” substitute “£3,600”.

Section 6 The Official Solicitor or Accountant of Court to be the person who has the authority to manage an account

After paragraph (2A) in regulation 33A insert—

(2B) The unique identifier of a local authority as referred to in paragraph (2A)(a) is the number allocated to the local authority by the Board for the purpose of these Regulations.