[695A Investment plans for children]
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

[695A  Investment plans for children]

[(1)     This section applies where investment plan regulations provide that income of a child from investments under a plan (a “child plan”) is exempt from income tax (either wholly or to such extent as is specified in the regulations).

(2)     In addition to any provision which may be made by virtue of any other provision of this Chapter, investment plan regulations may—

(a)     specify descriptions of persons by whom investments may be made for a child,

(b)     provide that withdrawals may be made only in the circumstances specified in the regulations, and

(c)

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