4.—(1) Schedule 3 to the principal Regulations (sums to be disregarded in the calculation of income other than earnings) is amended as follows.
(2) For paragraph 28A (child benefit)(1), substitute–
“(1) Any child benefit, except in circumstances where a resident is accompanied by the child or qualifying young person in respect of whom the child benefit is payable and accommodation is provided for that child or qualifying young person under Part III of the Act.
(2) In this paragraph, “child” and “qualifying young person” have the same meaning as in section 142 of the Contributions and Benefits Act(2).”.
(3) In paragraph 28G (savings credit)(3)–
(a)in sub paragraphs (1) and (2), for the amount “£5.05” (each time it appears), substitute the amount “£5.25”; and
(b)in sub paragraphs (3) and (4), for the amount “£7.50” (each time it appears), substitute the amount “£7.85”.
Paragraph 28A of Schedule 3 to the principal Regulations was inserted by S.I. 1993/2230.
Regulation 2(1) of the principal Regulations defined “the Contributions and Benefits Act” as meaning the Social Security Contributions and Benefits Act 1992 (c. 4). Section 142 of that Act was amended by the Child Benefit Act 2005 (c. 6).
Paragraph 28G of Schedule 3 to the principal Regulations was inserted by S.S.I. 2003/425 and amended by S.S.I. 2004/103, 2005/82 and 2006/113. The previous amounts were set by S.S.I. 2006/113.