The Child Trust Funds (Amendment) (No. 2) Regulations 2024
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Change 1
6 Amendment of the Schedule
(1) Paragraph 2(2)(a) of the Schedule (stakeholder accounts) is amended as follows. (2) After paragraph (vii) insert— (viii) fractional interests in shares in an investment trust (shares in an investment trust are specified in regulation 12(2)(f)); (ix) interests in a fraction of a share (as specified in regulation 12(2)(a));. (x) shares specified in regulation 12(2)(qa), unless it is a requirement of the scheme in which the shares are held that the purchase and sale price of the shares shall, at any given time, not differ from each other and that the price must be available to the public on a daily basis. .
6 Amendment of the Schedule
(1) Paragraph 2(2)(a) of the Schedule (stakeholder accounts) is amended as follows. (2) After paragraph (vii) insert— (viii) fractional interests in shares in an investment trust (shares in an investment trust are specified in regulation 12(2)(f)); (ix) interests in a fraction of a share (as specified in regulation 12(2)(a));. (x) shares specified in regulation 12(2)(qa), unless it is a requirement of the scheme in which the shares are held that the purchase and sale price of the shares shall, at any given time, not differ from each other and that the price must be available to the public on a daily basis. .
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