§ Amendments made: No. 33, in page 2, line 45, leave out from 'that' to end of line 46 and insert
§ 'instructions may be given to the account provider with respect to its management only by the person who has the authority to manage it.'.
No. 34, in page 3, line 3, leave out subsection (6) and insert—
'(5A) The person who has the authority to manage a child trust fund held by a child—
(5B) If there is one person who is a responsible person in relation to the child, that person has that authority; and if there is more than one person who is such a person which of them has that authority is to be determined in accordance with regulations.
(6) For the purposes of this Act a person is a responsible person in relation to a child under 16 if the person has parental responsibility in relation to the child and is not—
No. 35, in line 14, at end insert—
'() Where a contract is entered into by or on behalf of a child who is 16 or over in connection with a child trust fund—