The Tax Credits Up-rating Order 2002

Citation, commencement and effect

1.—(1) This Order may be cited as the Tax Credits Up-rating Order 2002 and shall come into force on 9th April 2002.

(2) This Order shall have effect in relation to award periods of working families' tax credit or, as the case may be, disabled person’s tax credit commencing on or after 9th April 2002.

Interpretation

2.  In this Order—

“the Disability Working Allowance Regulations” means the Disability Working Allowance (General) Regulations 1991(1) and the Disability Working Allowance (General) Regulations (Northern Ireland) 1992(2);

“the Family Credit Regulations” means the Family Credit (General) Regulations 1987(3) and the Family Credit (General) Regulations (Northern Ireland) 1987(4).

Working families' tax credit

3.  In the Family Credit Regulations—

(a) in regulation 46 (determination of appropriate maximum working families' tax credit)—

(i) in paragraph (1A)(a)(5) the maximum amount specified is £135 per week;

(ii) in paragraph (1A)(b)(6) the maximum amount specified is £200 per week;

(iii) in paragraph (4)(7) the capital sum prescribed is £3,000;

(iv) in paragraphs (4), (5)(8) and (6), the amount specified for the credit in respect of a child or young person is NIL;

(b) in regulation 47(1)(9) (applicable amount) for the sum of £92.90 there shall be substituted the sum of £94.50;

(c) in Schedule 4(10) (determination of maximum working families' tax credit) the sums prescribed shall be as set out in Schedule 1 to this Order.

Disabled person’s tax credit

4.  In the Disability Working Allowance Regulations—

(a) in regulation 51 (determination of appropriate maximum disabled person’s tax credit)—

(i) in paragraph (1AA)(a)(11) the maximum sum specified is £135 per week;

(ii) in paragraph (1AA)(b)(12) the maximum sum specified is £200 per week;

(iii) in paragraph (4)(13) the capital sum prescribed is £3,000;

(iv) in paragraphs (4), (5) and (6)(14), the amount specified for the allowance in respect of a child or young person is NIL;

(b) in regulation 52(1)(15) (applicable amount)—

(i) in sub-paragraph (a) for the sum of £72.25 there shall be substituted the sum of £73.50;

(ii) in sub-paragraph (b) for the sum of £92.90 there shall be substituted the sum of £94.50;

(c) in Schedule 5(16) (determination of appropriate maximum disabled person’s tax credit) the sums prescribed shall be as set out in Schedule 2 to this Order.

Tony McNulty

Anne McGuire

Two of the Lords Commissioners of Her Majesty’s Treasury

26th March 2002