The Child Trust Funds (Amendment) Regulations 2024
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Change 1
2 Amendment of the Child Trust Funds Regulations 2004
(1) The Child Trust Funds Regulations 2004 are amended as follows. (2) In regulation 2 (interpretation), in paragraph (1)— (a) in sub-paragraph (b), in the definition of “non-UCITS retail scheme”, in paragraph (b) after “by virtue of section” insert “271A or”; (b) in sub-paragraph (c), in the definition of “recognised UCITS”— (i) omit paragraph (a); (ii) for paragraph (c) substitute— (c) a recognised scheme by virtue of section 271A or 272 of FISMA 2000 that is a UCITS within the meaning given by section 236A of that Act; . (3) In regulation 14 (account provider - qualifications and Board’s approval), in paragraph (2)(f) omit paragraph (i).
2 Amendment of the Child Trust Funds Regulations 2004
(1) The Child Trust Funds Regulations 2004 are amended as follows. (2) In regulation 2 (interpretation), in paragraph (1)— (a) in sub-paragraph (b), in the definition of “non-UCITS retail scheme”, in paragraph (b) after “by virtue of section” insert “271A or”; (b) in sub-paragraph (c), in the definition of “recognised UCITS”— (i) omit paragraph (a); (ii) for paragraph (c) substitute— (c) a recognised scheme by virtue of section 271A or 272 of FISMA 2000 that is a UCITS within the meaning given by section 236A of that Act; . (3) In regulation 14 (account provider - qualifications and Board’s approval), in paragraph (2)(f) omit paragraph (i).
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