Child Trust Funds Act 2004
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
10 Further contributions by Inland Revenue
(1) Regulations may make provision for the making by the Inland Revenue in the circumstances mentioned in subsection (2) of payments to account providers of child trust funds held by— (a) eligible children, or (b) any description of eligible children, of amounts prescribed by, or determined in accordance with, regulations. (2) The circumstances referred to in subsection (1) are— (a) the children attaining such age as may be prescribed by the regulations, or (b) such other circumstances as may be so prescribed. (3) The regulations must include provision— (a) for making account providers aware that such amounts are payable, (b) about the claiming of such payments by account providers, and (c) about the crediting of child trust funds by account providers with the amount of such payments. (4) For the purposes of this section, a child is to be treated as being an eligible child if entitlement to child benefit in respect of the child is excluded by— (a) paragraph 1(a) of Schedule 9 to the Social Security Contributions and Benefits Act 1992 (c. 4) (children in custody), or (b) paragraph 1(1)(a) to (d) of Schedule 9 to the Social Security Contributions and Benefits (Northern Ireland) Act 1992 (c. 7) (corresponding provision for Northern Ireland).
10 Further contributions by Inland Revenue
(1) Regulations may make provision for the making by the Inland Revenue in the circumstances mentioned in subsection (2) of payments to account providers of child trust funds held by— (a) eligible children, or (b) any description of eligible children, of amounts prescribed by, or determined in accordance with, regulations. (2) The circumstances referred to in subsection (1) are— (a) the children attaining such age as may be prescribed by the regulations, or (b) such other circumstances as may be so prescribed. (3) The regulations must include provision— (a) for making account providers aware that such amounts are payable, (b) about the claiming of such payments by account providers, and (c) about the crediting of child trust funds by account providers with the amount of such payments. (4) For the purposes of this section, a child is to be treated as being an eligible child if entitlement to child benefit in respect of the child is excluded by— (a) paragraph 1(a) of Schedule 9 to the Social Security Contributions and Benefits Act 1992 (c. 4) (children in custody), or (b) paragraph 1(1)(a) to (d) of Schedule 9 to the Social Security Contributions and Benefits (Northern Ireland) Act 1992 (c. 7) (corresponding provision for Northern Ireland).
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.
Sign in to file your proposal. What you have written stays on this page.
Sign in to file itThink it through
Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.