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Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

CTF

    24(as defined in section 1(2) of the Child Trust Funds Act 2004) a child trust fund, that is, an account which:

      1. (1) is held by a child who is or has been an eligible child (as defined in section 2 of that Act);
      1. (2) satisfies the requirements imposed by or under the Child Trust Funds Act 2004; and
      1. (3) has been opened in accordance with the Child Trust Funds Act 2004.