The Child Trust Funds (Amendment No. 2) Regulations 2014

• Citation: S.I. 2014/1453
• Sections: 4

Section 1 Citation and commencement

These Regulations may be cited as the Child Trust Funds (Amendment No. 2) Regulations 2014 and come into force on 1st July 2014.

Section 2 Amendment of the Child Trust Funds Regulations 2004

The Child Trust Funds Regulations 2004 are amended as follows.

Section 3 Amendment of the Child Trust Funds Regulations 2004

In regulations 9(2) and 9(3) (annual limit on subscriptions), for “£3,840” substitute “£4,000”.

Section 4 Amendment of the Child Trust Funds Regulations 2004

In regulation 12(2)—

(a) in sub-paragraph (q), at the end, for “.” substitute “;”; and

(b) after sub-paragraph (q), insert—

(r) core capital deferred shares within the meaning of regulation 2 of the Building Societies (Core Capital Deferred Shares) Regulations 2013 , provided that such shares are listed on the official list of a recognised stock exchange.