Child Trust Fund definition

Child Trust Fund or “CTF” means a child trust fund created pursuant to the Child Trust Funds Act 2004.
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Child Trust Fund means a Child Trust Fund established in accordance with the Child Trust Fund Regulations 2004 as amended from time to time.
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Child Trust Fund means a stakeholder child trust fund as referred to and described in the Regulations.
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Examples of Child Trust Fund in a sentence

  • Also, 16 and 17-year-olds actually have two ISA allowances, as they’re able to open a Junior ISA (once they have transferred their Child Trust Fund [CTF] to their Junior ISA and closed the CTF), which for 2019/20 has a limit of £4,368, as well as an adult Cash ISA.

  • If you decide to open an Embark JISA, the Child Trust Fund must first be closed.

  • If the child holds a Child Trust Fund, the child cannot hold a JISA at the same time.

  • The Investments that were in the Child Trust Fund could then be transferred into the Embark JISA as part of the application process for the Embark JISA.

  • The vehicle in which you hold the investment, e.g. ISA, SIPP, Child Trust Fund, Trust, Warrant, Structured Product, etc, does not change the requirement for approval.

  • Wakefield, The Saving Gateway and the Child Trust Fund: Is Asset-Based Welfare ‘Well Fair’?, Commentary no.

  • A child is an ‘ eligible child’ if, when the account application is made:- They are under age 18;- They were born on or after 3 Jan 2011, or do not have a Child Trust Fund Account;- They are resident in the UK, or are a UK Crown servant, married to or in a civil partnership with a Crown servant, or a dependent of a Crown servant.

  • Child Trust Fund scrapped January 2011 Government contributions of £500 per child (for low income families) or £250 per child (for all others) scrapped.

  • The child is resident in the UK, or is a UK Crown servant, a dependant of a UK Crown servant or is married to/in a civil partnership with a UK Crown servant.I confirm that the child does not have a Child Trust Fund account.

  • The rule changes implemented by this instrument will be incorporated into H.M. Revenue and Customs’ Child Trust Fund guidance for providers and local authorities.


More Definitions of Child Trust Fund

Child Trust Fund means a child trust fund established in accordance with the Child Trust Fund Regulations 2004, and that was available for children born between 1 September 2002 and 2 January 2011.
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Related to Child Trust Fund

  • Trust Fund The trust fund established by the Trust Agreement, the assets of which consist of the Mortgage Loans and any other assets as set forth therein. Trustee: U.S. Bank National Association, or any successor in interest, or if any successor trustee or co-trustee shall be appointed as provided in the Trust Agreement, then such successor trustee or such co-trustee, as the case may be.

  • the Trust Fund means the Bond(s) referred to in the First Schedule to the Declaration of Trust and the property from time to time representing the same (and also includes any other property which may become Trust Property as a result of any loan to the Trustees or any addition by way of gift or any accumulation of income).

  • Trust Funds means any cash comprised of (i) funds specifically and exclusively used for payroll Taxes, payroll and other employee benefit payments to or for the benefit of any Loan Party’s or its Subsidiaries’ employees, (ii) all Taxes required to be collected, remitted or withheld (including, without limitation, federal and state withholding taxes (including the employer’s share thereof) and (iii) any other funds (A) which any Loan Party holds on behalf of another Person and (B) which such Loan Party holds as an escrow or fiduciary for such Person.

  • Note A-2 Trust Fund means the trust formed pursuant to the Note A-2 PSA.

  • Note A-1 Trust Fund means the trust formed pursuant to the Note A-1 PSA.

  • Blind Trust means an independently managed trust in which the employee-beneficiary has no management rights and in which the employee-beneficiary is not given notice of alterations in or other dispositions of the property subject to the trust.

  • Note A-4 Trust Fund means the trust formed pursuant to the Note A-4 PSA.

  • PFPC Trust means PFPC Trust Company or a subsidiary or affiliate of PFPC Trust Company.

  • Note A-3 Trust Fund means the trust formed pursuant to the Note A-3 PSA.

  • Liquidating Trust Assets means the assets of a Debtor or Debtor-Controlled Entity to be transferred to a Liquidating Trust as may be determined by the Plan Administrator, which shall be described in a Liquidating Trust Agreement.

  • Plan Trust means the trust governed by the Plan.

  • Delaware Trust Assets Purchaser means the Computershare Delaware Trust Company.

  • Owner Trust Estate means all right, title and interest of the Trust in and to the property and rights assigned to the Trust pursuant to Article II of the Sale and Servicing Agreement, all funds on deposit from time to time in the Trust Accounts and all other property of the Trust from time to time, including any rights of the Trust pursuant to the Sale and Servicing Agreement.

  • Liquidating Trust Agreement means an agreement evidencing the terms and provisions governing a Liquidating Trust that shall be entered into prior to the establishment of such Liquidating Trust and pursuant to which a Liquidating Trustee shall manage and administer Liquidating Trust Assets.

  • the Macfarlane (Special Payments) Trust means the trust of that name, established on 29th January 1990 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia;

  • Master Trust Trustee means the entity acting as trustee under the applicable Pooling and Servicing Agreement.

  • Grantor Trust means a Trust other than a RIC.

  • Related Trust Means the Continental Pass Through Trust 2001-1A-1-S, to be formed under the Related Pass Through Trust Agreement.

  • Master Trust means Citibank Credit Card Master Trust I.

  • IRA means Individual Retirement Account;

  • Certificate Distribution Account has the meaning assigned to such term in the Trust Agreement.

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.

  • Master Trust Agreement means the Second Amended and Restated Trust Agreement, dated as of May 8, 2019, between Verizon ABS II LLC, as depositor, and the Master Trust Owner Trustee, as amended, restated, supplemented or modified from time to time.

  • Trust Assets means, with respect to the Appointments and to the extent held, deposited or invested by any Seller for the benefit of others (whether or not constituting all or a portion of the corpus of any trust) as collateral, trust assets or otherwise by the applicable Corporate Trust Contracts or any other applicable legal obligation, (a) all cash on hand or held in bank accounts (including the Deposits) or in money market funds, and (b) all shares, stock, bonds, debentures, notes, mortgages, guarantees, letters of credit, certificates of indebtedness, warrants, treasuries or other securities or financial instruments or property of any type or description.

  • the Macfarlane (Special Payments) (No. 2) Trust means the trust of that name, established on 3rd May 1991 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia and other beneficiaries;