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The Tax Credits (Income Thresholds and Determination of Rates) Regulations 2002

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This is the original version (as it was originally made).

Statutory Instruments

2002 No. 2008

TAX CREDITS

The Tax Credits (Income Thresholds and Determination of Rates) Regulations 2002

Made

30th July 2002

Coming into force in accordance with regulation 1

Whereas a draft of this instrument, which contains the first regulations made under section 13(2) of the Tax Credits Act 2002(1), has been laid before, and approved by resolution of, each House of Parliament:

Now, therefore, the Treasury, in exercise of the powers conferred upon them by sections 8(1) to (3), 13(2) and (3), 65(1) and (7) and 67 of the Tax Credits Act 2002(2), hereby make the following Regulations:

(1)

2002 c. 21. The first exercise of the power contained in section 13(2) is subject to approval by resolution of each House of Parliament by virtue of section 66(2)(c).

(2)

Section 67 is cited because of the meaning it ascribes to “prescribed”.

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