No. Listing a child as a derivative does not stop the passage of time, and age protection under the applicable statute is fact-specific. The investor must independently satisfy the capital requirement, the ten-job requirement, lawful source of funds, and the at-risk condition. The child's position is analysed separately, on their own dates and history.
Ask for the analysis in writing
Request a written note that states the child's date of birth, the petition category, and how the adviser reaches their conclusion. A verbal reassurance during a sales meeting is not an analysis. If the adviser cannot yet reach a conclusion because a fact is missing — a prior petition, a marriage record, a country of birth — identify who obtains that fact and by when.
Then decide whether the investment proceeds before or after the answer arrives. Request a written note stating the child's date of birth, the petition category, and how the adviser reaches their conclusion, because a verbal reassurance during a sales meeting is not an analysis. Where the adviser cannot yet conclude because a fact is missing, such as a prior petition, a marriage record, or a country of birth, identify who obtains that fact and by when, then decide whether the investment proceeds before or after the answer arrives.
Listing a child as a derivative does not stop the passage of time, and age protection under the applicable statute is fact-specific. The investor must independently satisfy the capital requirement, the ten-job requirement, lawful source of funds, and the at-risk condition.