Citation, commencement and effect

1. —(1) These Regulations may be cited as the Child Trust Funds (Amendment No. 2) Regulations 2010 and shall come into force on 1 ^st April 2010.

(2) These Regulations have effect where a child falls within the terms of regulation 7B (inserted by regulation 3) for a year of assessment commencing on or after 6 ^th April 2009.

Amendments to the Child Trust Funds Regulations 2004

2.The Child Trust Funds Regulations 2004( 2 ) are amended as follows.

3. After regulation 7A (age 7 payments)( 3 ) insert—

“ Yearly disability payments

7B. —(1) A further contribution under section 10 of the Act is due for any eligible child who is entitled in any year to a disability living allowance, in accordance with paragraphs (2) to (4).

(2) Where it has been determined that the child is entitled to the care component of a disability living allowance at the highest weekly rate (see section 72(4)(a) of either the Social Security Contributions and Benefits Act 1992 ( 4 ) or the Social Security Contributions and Benefits (Northern Ireland) Act 1992 ( 5 ) ), at any time in the year (whether it is paid or not), the contribution payable for the year shall be £200.

(3) In any other case where it has been determined that the child is entitled to a disability living allowance at any time in the year (whether it is paid or not), the contribution payable for the year shall be £100.

(4) This regulation shall apply until 5 ^th April 2018.

(5) Her Majesty’s Revenue and Customs must inform the account provider holding the child’s account where an amount is payable to that account under this regulation.

(6) On receipt of each further contribution from Her Majesty’s Revenue and Customs, the account provider must credit the child’s account with the amount of the payment. ”

4. In regulation 22(2) (recoupment of Inland Revenue contributions to void accounts and other accounts)( 6 ) in paragraph (c) for “or 7A(5)” substitute “, 7A(5) or 7B(1)”.

5. In regulation 30(6)(c) (fortnightly claim and financial returns)( 7 ) for “or regulation 7A” substitute “, regulation 7A, or regulation 7B(2) or (3)”.