49ZA.—(1) An existing award of working families' tax credit shall cease to have effect if the claimant or partner elects, by notice to the Board, to surrender it following the birth of a child, the adoption of a child or young person or the granting of a parental order for a surrogate child.
(2) The award shall terminate with effect from—
(a)the day on which the notice is given to the Board, if that day is a Monday, or
(b)the Monday following the day on which the notice is given to the Board, if that day is other than a Monday.]
Textual Amendments
F1Reg. 49ZA inserted (with effect in accordance with reg. 1(5) of the amending S.I.) by The Tax Credits (Miscellaneous Amendments No. 3) Regulations 2001 (S.I. 2001/892), regs. 1(2), 18